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2019 January 15   15:59

Bunker prices continue going down at the Far East ports of Russia (graph)

According to Bunker Price Bulletin of IAA PortNews, the average indicative price at the port of Vladivostok for IFO-380 НS - $352 pmt (-$8), IFO-180 НS – 360 pmt (-$8), MGO (DMB) - $665 pmt (-$10).

Market players say the amount of bunker fuel in the region is sufficient with low demand taken into consideration. The companies reduce prices to sell the resources left.

Yet, the difference of light oil products’ prices with those at the port of Singapore exceeds $100 which has an impact on the number of ship calls at the port of the Far East.

Subscribe for IAA PortNews bunker prices review snitko@portnews.ru Upon request it will be provided in English.

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