According to Bunker Price Bulletin of IAA port news, the average indicative price at the port of Vladivostok for high-sulfur product IFO-180 HS was $209 pmt (-$9), MGO price was $455 pmt.
Fuel oil prices on the domestic market were ranging RUB 16,800 to 17,500 pmt, price range per a tonne of MGO was between RUB 32,300 and RUB 33,000 pmt.
The port of Singapore saw a decline of bunker prices. Fuel oil price fell by $10, MGO – by $1.
Average indicative price for MGO at the port of Singapore is still lower than that in the port of Vladivostok. Participants of the market attributed the difference to a spike in sale prices at local refineries.
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