Far East ports will incur the deficit of fuel oil till the end of October (graph)

According to Bunker Price Bulletin of IAA PortNews, the average indicative price at the port of Vladivostok for high-sulfur product IFO-180 НS was $295 pmt (+$15), IFO-380 НS — $280 pmt (+$10), MGO - $403 pmt (+$3).

Fuel oil prices continue growing at the Far East ports amid the fuel deficit in the region. The prices at the port of Vladivostok have climbed to the level of port Singapore. Maximum fuel price is $310 pmt. 

Bunkering companies expect fuel supplies by the end of the month. The prices are expected to be high throughout this period.

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