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Singapore records highest weekly 380 cSt in 17 months

Weekly average and end-of-week 380 cSt at highest level since the week ending 3rd July 2015.





Updated on 27 Dec 2016 07:01 GMT

The daily average for 380 centistoke (cSt) intermediate fuel oil (IFO) in Singapore recorded its highest end-of-week price of the year on Friday.

Singapore 380 cSt ended week 51 at $328.00 per tonne, up $0.50, or 0.15 percent, on the figure recorded seven days earlier.

Friday's price was the highest end-of-week figure since 3rd July 2015 ($330.5 per tonne). It is the sixth week-on-week rise in a row.

Meanwhile, the weekly Singapore 380 cSt average remained unchanged at $330.00 per tonne. It is the equal highest since the week ending 3rd July 2015 ($335.50 per tonne).

Below are tables of recent end-of-week daily Singapore 380 cSt prices and weekly Singapore 380 cSt averages.

End-of-week prices

Date Week Daily Spore 380 ($) $ (+/-) % (+/-)
23/12/2016 Week 51 328.00 +0.50 +0.15
16/12/2016 Week 50 327.50 +4.00 +1.24
09/12/2016 Week 49 323.50 +15.00 +4.86
02/12/2016 Week 48 308.50 +18.50 +6.38
25/11/2016 Week 47 290.00 +17.50 +6.42
18/11/2016 Week 46 272.50 +5.50 +2.06
11/11/2016 Week 45 267.00 -2.50 -0.93
04/11/2016 Week 44 269.50 -12.00 -4.26
28/10/2016 Week 43 281.50 -4.00 -1.40


Weekly averages

Week Ending Week Spore 380 Avg. ($) $ (+/-) % (+/-)
23/12/2016 Week 51 330.00 0.00 0.00
16/12/2016 Week 50 330.00 +8.70 +2.71
09/12/2016 Week 49 321.30 +26.00 +8.80
02/12/2016 Week 48 295.30 +6.00 +2.07
25/11/2016 Week 47 289.30 +21.70 +8.11
18/11/2016 Week 46 267.60 -2.60 -0.96
11/11/2016 Week 45 270.20 -1.70 -0.63
04/11/2016 Week 44 271.90 -13.40 -4.70
28/10/2016 Week 43 285.30 +0.40 +0.14






Related Links:

Singapore 380 cSt dips 2.1% in November
Fujairah 380 cSt average drops 3.8% in November
Rotterdam 380 cSt drops $14 in November
Global bunker average rises for fifth week in a row
Weekly BIX 380 at highest level since July 2015
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