According to Bunker Price Bulletin of IAA PortNews, the average indicative price at the port of Vladivostok for IFO-380 НS - $335 pmt (-$17), IFO-180 НS – 350 pmt (-$10), MGO (DMB) - $665 pmt.
Maximum heavy fuel oil price is $330 pmt. MGO (DMB) indications are about $660-$670 pmt, MGO (DMА) – $705 pmt. MGO price at the port of Singapore is down to $568 pmt.
Market players say the amount of bunker fuel in the region is sufficient with low demand taken into consideration. The companies continue reducing 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 ports of the Far East.
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