Price of high sulfur product IFO180 at Port of Vladivostok fell to $ 106 pmt
The average indicative price for bunker fuel at the Port of Vladivostok continue its downward trend this week, the IAA PortNews bunker bulletin shows.
The price of IFO180 HS lost $4.0 to settle at $106.0. The price of MGO dropped by $5.0 to $325.0 pmt.
The minimum indicative price of fuel oil was $ 100 pmt. A metic ton of MGO was sold for an average of $315.0 to $330.0.
Average indicative price for MGO at the port of Vladivostok is still higher by $50.0 than that of the Port of Singapore, making the price uncompetitive in the Far East.
Price of fuel oil in the domestic market ranges between RUB 10,500 and 11,500 pmt, of MGO – 28,000 to 29,500 rubles.