• 2015 August 27 10:36

  Bunker prices in the Far East ports stabilized in late 35th week (graph)

  

  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 $179 pmt (-$1), MGO price was $438.

  Minimum price of IFO-180HS is $160 pmt.
  
  Market players note considerable market fall caused by global situation, escalation of price competition and decrease in demand for bunker fuel.

  Fuel oil prices on the domestic market were ranging RUB 14,300 to 16,500 pmt, price range per a tonne of MGO was between RUB 32,000 and RUB 36,000 pmt.

  The port of Singapore also saw stabilization of prices with a slight increase of MGO price (+$3). 
  
  Average indicative price for MGO at the port of Singapore is still lower than that in the port of Vladivostok.

  Subscribe for IAA PortNews bunker prices review snitko@portnews.ru Upon request it will be provided in English.

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2024 October 30

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