News

2018 June 28 11:21

Bunker market at the Far East ports of Russia sees mixed price movements (graph)

According to Bunker Price Bulletin of IAA PortNews, the average indicative price at the port of Vladivostok for IFO-380 НS - $391 pmt (+$1), IFO-180 НS – 402 pmt (+$2), MGO - $670 pmt (-$5).

Fuel oil prices are ranging between $385 and $405 pmt depending on product viscosity and availability.

MGO (DMB) indications are ranging between $650 pmt and $680 pmt. MGO price at the port of Singapore is almost flat at $658 pmt.

Market players say fuel demand in the region outruns supply that can result in slight deficit.

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