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2015 October 15   15:31

Bunker prices in the Far East ports go down in late 42nd week (graph)

According to Bunker Price Bulletin of IAA PortNews, the average indicative price at the port of Vladivostok for high-sulfur product IFO-180 HS was $ 212 pmt (-$3), MGO price was $ 478 pmt (-$7).

Fuel oil prices range between $190-220 pmt. Market players attribute the high price ($215-$220) to the fuel deficit in the region.

Fuel oil prices on the domestic market were ranging RUB 14,800 to 16,000 pmt, price range per a tonne of MGO was between RUB 33,700 and RUB 35,200 pmt.

The port of Singapore saw a decline of bunker prices. Fuel oil price fell by $3, MGO – by $9 on the average. 

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