Far East ports bunker prices open the week firm

The average indicative bunker fuel prices at the Port of Vladivostok remained unchanged: IFO180 HS product was $272.0 per metric ton ton, IFO 380 HS – $ 260.0 pmt, MGO – $ 513.0 pmt, the IAA PortNews bunker prices bulletin shows.

The region is still facing fuel shortage. Railway trains are moving rather slowly. Traffic on the railroad after the typhoon Noru was hampered last week by repair work. Market participants expect fuel supplies improvement soon.

The price for IFO 380 HS was ranging between $ 250.0 and $ 270.0 pmt. The product shortage in the region pushed the IFO180 HS price high. The product maximum price was $ 285.0 pmt.

Bunker fuel indicative price in the Port of Singapore increased by an average of $ 3.0.