Bunker prices surge at port Novorossiysk (graph)
According to the IAA PortNews Bunker Prices Review, average bunker indications in the port of Novorossiysk surge after a stability period throughout August.
Average price for IFO-380 НS was $164 per tonne (+$11), average price for MGO was $461 per tonne (+$9).
Maximum price of heavy fuel oil is $175 pmt.
Market players expect further growth by the end of the week.
Bunker prices at the ports based in the Sea of Azov remained flat after a considerable increase last week.
Bunker indications at the port of Istanbul grew by $5 on the average.
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