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Singapore 380 cSt drops to second-lowest level since April 2009

Monthly 380 cSt average falls to its second-lowest level in over six years at the world's leading bunker port.



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Updated on 03 Aug 2015 11:44 GMT

The average monthly price of 380 centistoke (cSt) intermediate fuel oil (IFO) in Singapore fell to its second-lowest level since April 2009 during the month of July, according to Bunker Index price data.

The 380 cSt average at the world's leading bunker port decreased by $51, or 14.3 percent, to $306 per tonne last month, down from $357 per tonne in June. The figure is also the second-lowest of the year so far.

July saw Singapore's best-selling fuel grade record a $61 daily low-to-high price range of $278 to $339 per tonne.

Please find a table below outlining average monthly Singapore 380 cSt prices between April 2008 and July 2015.

MonthAverage($/mt)LowHigh
Jul 15306 278.00 339.00
Jun 15357 330.00 385.00
May 15375 358.00 398.00
Apr 15339 310.00 368.00
Mar 15324 300.00 358.00
Feb 15351 295.00 377.00
Jan 15283 265.00 318.00
Dec 14365 310.00 443.00
Nov 14468 435.00 488.00
Oct 14498 459.50 558.00
Sep 14574 556.00 596.00
Aug 14591 582.00 602.00
Jul 14596 586.00 613.00
Jun 14607 590.00 623.00
May 14592 581.00 605.00
Apr 14587 577.00 594.00
Mar 14596 590.00 616.00
Feb 14612 598.50 630.00
Jan 14606 595.00 635.00
Dec 13606 598.00 621.00
Nov 13602 593.50 617.00
Oct 13611 600.00 625.00
Sep 13599 585.00 615.00
Aug 13600 588.00 612.00
Jul 13593 582.00 604.00
Jun 13596 570.00 615.00
May 13603 590.00 622.00
Apr 13610 585.00 639.00
Mar 13628 617.00 641.00
Feb 13646 626.00 663.00
Jan 13625 605.00 639.00
Dec 12599 587.00 610.00
Nov 12603 586.00 616.00
Oct 12637 613.50 656.00
Sep 12670 628.00 699.00
Aug 12658 623.00 685.00
Jul 12607 584.00 632.00
Jun 12583 560.00 610.00
May 12663 619.00 720.00
Apr 12715 705.00 734.00
Mar 12727 718.00 740.00
Feb 12725 710.00 739.00
Jan 12722 689.00 737.00
Dec 11661 625.00 684.00
Nov 11682 655.00 713.00
Oct 11660 625.00 690.00
Sep 11644 620.00 669.00
Aug 11645 623.00 684.00
July 11659 632.00 681.00
June 11647 620.00 677.00
May 11633 608.00 670.00
Apr 11669 650.00 685.00
Mar 11633 622.00 645.00
Feb 11606 562.00 668.00
Jan 11534 507.00 560.00
Dec 10498 492.00 506.00
Nov 10482 462.00 508.00
Oct 10462 451.00 473.00
Sep 10436 429.00 448.00
Aug 10441 422.00 465.00
Jul 10434 412.00 450.00
Jun 10435 418.00 450.00
May 10 452 406.00 498.00
Apr 10 480 458.00 497.00
Mar 10 459 447.00 473.00
Feb 10 456 434.00 473.00
Jan 10 481 455.00 508.00
Dec 09 463 438.00 490.00
Nov 09 464 447.00 477.00
Oct 09 440 412.00 465.00
Sep 09 426 408.00 442.00
Aug 09 437 418.00 452.00
Jul 09 407 381.00 437.00
Jun 09 398 385.50 422.00
May 09 343 294.00 382.00
Apr 09 289 256.00 308.00
Mar 09 244 225.00 272.00
Feb 09 257 235.00 278.00
Jan 09 258 235.00 288.00
Dec 08 232 214.00 260.00
Nov 08 235 205.00 295.00
Oct 08 406 268.00 575.00
Sep 08 610 530.00 714.00
Aug 08 671 617.00 728.00
Jul 08 718 665.00 763.00
Jun 08 629 573.00 681.00
May 08 580 524.00 635.00
Apr 08 523 491.00 545.00






Related Links:

July the most volatile month of the year so far
July records second-lowest global monthly average in six years
Singapore 380 cSt price summary: week 31
Fujairah 380 cSt price summary: week 31
Singapore 380 cSt drops $18 in June
Singapore
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