According to Bunker Price Bulletin of IAA PortNews, the average indicative price at the port of Vladivostok for IFO-380 НS - $339 pmt (+$9), IFO-180 НS - 345 pmt (+$10), MGO - $585 pmt (+$45).
Fuel oil prices are ranging between $340 and $350 pmt depending on viscosity. There is a deficit of dark oil products in the market. Bunkering companies have distributed the rest of heavy fuel oil and cannot predict the next supplies amid the queues to oil tank farms caused by unfavorable weather in the region.
Another factor causing the deficit – the coming period of long New Year holidays – with ship owners striving to purchase sufficient amount of fuel in advance.
Market players still mark heavy deficit of light fuel due to railway congestion caused by loading/unloading operations.
Bunkering companies have had no fuel supplies for more than two weeks already.
MGO prices in the domestic market are still high amid the deficit – up to RUB 40,000 /pmt.
Bunker prices at the port of Singapore fell by $2 on the average.
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