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2014 July 17   10:52

Bunker prices in Far East ports close the 29th week firm

Bunker fuel benchmark prices in the ports in the Far East region ended the 29th week unchanged, the PortNews price bulletin showed.

Currency price for bunker fuels remains high, because many suppliers have sold their stock for old price and began selling fuel at the new price. Although some bunker suppliers offer bunkers for $ 825.0 pmt.

Maximum price in the market reaches $ 860.0 pmt (RUB 34,500 to 35,500 pmt)

The regional bunker market players expect further decline in fuel oil price.

Bunker prices in the port of Singapore vary around $1 on average.

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