Far East ports bunker prices continue to slide (graph)
Average price for IFO180 high sulfur product at the port of Vladivostok lost $8.0 to settle at $ 307.0 pmt at the beginning of the 50th week, the IAA PortNews bunker prices review showed.
Average price of MGO plummeted $23.0 to $ 585.0 pmt. The minimum price for MGO reached $ 565.0 pmt.
Experts say the downward trend in bunker prices will likely persist throughout the week.
At the Port of Singapore bunker prices also dropped: HFO lost $ 7.0 pmt and MGO dropped by $ 33.0 pmt.
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