Fuel oil is still in deficit at the Far East ports (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 $305 pmt (+$5), IFO-380 НS — $311 pmt (+$6), MGO price was $ 410 pmt (+$7).
Market situation has not improved in early November despite the hopes of the bunkering companies, heavy fuel oil has not appeared in required volumes. Suppliers provide no forecast. Heavy fuel oil prices range between $290 and $320 pmt.
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