Average benchmark price for bunker fuel in the port of St. Petersburg at the beginning of the 29th week remained flat week-on-week, the IAA PortNews bunker price bulletin showed.
Minimum price for 380 LS product has settled at $ 450.0 per metric ton (pmt).
The region's bunker market participants expect lower prices for low sulfur fuel oil. Price spread for bunkers supplied by local companies is between $ 15.0 and $ 20.0 pmt on average.
Average price for IFO380 LS in the port of St. Petersburg remained at $ 467.0 pmt.
Average price for high sulfur product IFO380 HS was $370.0 pmt.
Average price of low sulfur product IFO180 LS was $ 494.0 pmt.
St. Petersburg average price of IFO180 HS settled at $ 397.0 pmt.
Average price of MGO in St. Petersburg was $ 778 pmt.
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