The difference with the port of Singapore is $6 on the average
According to IAA PortNews, the average indicative prices at the port of Vladivostok as of 1 April 2021 are as follows:
- IFO-380 НS - $354 pmt (-$11 versus the previous period; $26 lower than in Singapore)
- MGO- $511 pmt (-$9 versus Tuesday; $9 lower than in Singapore)
- VLSFO 0.5% - $500 pmt (-$5 versus the previous period; $15 higher than in Singapore).
The market players say the prices are just indicative with limited volumes of non-compliant fuel oil available and low demand of it in the area.
The difference between maximum/minimum prices depends on the amount of fuel sold and its availability.
From 1 January 2020, the global upper limit on the sulphur content of ships' fuel oil is reduced to 0.50% in the areas beyond ECAs.
IAA PortNews’ analytical product “Price Bulletin” offers detailed indications of bunker fuels in the ports of Russia.
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