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2014 July 24   19:16

Bunker prices in St. Petersburg closing the week flat

Average benchmark price for bunker fuel in the port of St. Petersburg at the end of the 30th week remained flat week-on-week, the IAA PortNews bunker price bulletin showed.

Bunker prices in domestic market saw an upward movement due to rising USD.

The region's bunker market participants expect lower product prices next week.

Price spread in the regional market reaches $ 20 to $25.

Average price for IFO380 LS in the port of St. Petersburg was $ 466.0 pmt.
Average price for high sulfur product IFO380 HS was $368.0 pmt.
Average price of low sulfur product IFO180 LS was $ 487.0 pmt.
St. Petersburg average price of IFO180 HS settled at $ 391.0 pmt.
Average price of MGO in St. Petersburg was $ 775 pmt.

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