Average price for Russian M100 product drops to RUB 17,413/mt

Average wholesale spot market prices for Russian M100 (Mazut-100) heavy fuel oil between June 18 and 22 fell RUB 510 (week-on-week) to 17,413 per metric ton (pmt), the Kortes fuel prices review showed.

The bunker indications for Russia's regional markets are as follows:
    • North-West Federal District M100 heavy fuel oil price gained RUB 120 to RUB 16,245.0 pmt;
    • Central Federal District the product price dropped by RUB 742.0 to settle at RUB 17,113.0 pmt;
    • Volga Federal District the price plummeted by RUB 850.0 to RUB 16,734 pmt;
    • Southern Federal District – the prices remained flat, at RUB 18,250.0 pmt;
    • Siberian Federal District - the product price lost RUB 436.0 to settle at RUB 17,520.0 pmt;
    • Far Eastern Federal District - the price was up RUB 237.0 week-on-week to RUB 23,570.0 pmt.