Far East ports bunker price remains stable
Average indicative prices for bunker fuel at the Port of Vladivostok remained firm this week, the PortNews Bunker Bulletin shows.
High sulfur product IFO180 was sold for $245.0 pmt, IFO380 HS – $258.0 pmt, MGO price settled at $512.0 pmt.
The price of a metric ton of heavy fuel oil was ranging $240.0 to $260.0. The product shortage in the region pushed IFO180 HS price up. The price range is determined by the volume of bunker fuel sold and the fuel volume the supplier has.
Bunker fuel price at the Port of Singapore is in the range of $5.0.