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 $ 135 pmt (+$10), MGO price was $ 315 pmt (+$12).
Bunker prices at port Vladivostok had fallen below Singapore prices by $50 and this difference has been maintained for several weeks already, hence the increase of foreign vessels’ calls. Yet, bunkering companies have not stored much fuel amid dollar rates fluctuations.
Market players expect the deficit to remain for several weeks and the prices to grow.
Maximum price of IFO-180 НS is $165 pmt, MGO — $370 pmt.
Fuel oil prices on the domestic market were ranging RUB 12,000 to 14,000 pmt, price range per a tonne of MGO was between RUB 25,500 and RUB 27,500 pmt.
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