Average benchmark prices for bunker fuel in the port of St. Petersburg at the end of Week 10 continued upward movement following global market trend, the IAA PortNews bunker price bulletin showed.
The average price of high sulfur product IFO380 at the port of St. Petersburg rose $9.0 to $ 254.0 pmt.
The average price of IFO180 HS was $ 274.0 pmt (+ $ 8.0).
The price of MGO was $ 497.0 pmt (+ $ 4.0).
The average price for environment-friendly bunker fuel in the port of St. Petersburg was $ 425.0 pmt (+ $ 6.0).
The maximum price for fuel oil IFO380 HS reaches $ 270 pmt, the minimum was $ 240.0 pmt.
The maximum price for MGO was $ 520.0 pmt, the lowest price was at $ 485 pmt.
Bunker market participants expect a further increase in currency rates.