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2014 September 4   12:31

Bunker prices at Far East ports remain flat in late 36th week (graph)

According to IAA PortNews bunker prices review, average price for IFO-180 НS at port Vladivostok was $487 per tonne, MGO price was $823 per tonne.

Bunkering operations at port Vladivostok resumed as soon as heavy fuel oil deficit was over. 

Market participants note market stabilization but say that prices are still high.

From the next week prices are forecasted to grow due to dollar rate increase and lack of heavy fuel oil.

Average price for IFO-380 HS is $485 per tonne.

Maximum price for IFO-180 HS is $500-505 per tonne.

The port of Singapore sees a $6 decline of heavy fuel oil prices and $13 fall of MGO prices.

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