Wed 3 Apr 2013 06:13

Fujairah 380-cst declines by 2.8 percent in March


Most significant decrease in four months at the Middle East's leading bunker port.



The average price of 380-centistoke (cst) fuel oil in Fujairah decreased by $18 per tonne, or 2.8 percent, during the month of March, according to Bunker Index price data.

The 380-cst average at the Middle East's leading bunker port dropped to $633 per tonne last month, down from $651 per tonne in February, during a month that saw Fujairah's best-selling fuel grade record a $24 low-high price range of $620 to $644 per tonne.

Fujairah's 380-cst March decrease is the most significant since November, when the monthly average plummeted $32 to $606 per tonne. It is also the fourth decline in the last six months.

Please find a table below outlining average monthly Fujairah 380-cst prices between April 2008 and March 2013.

Month Average ($/mt) Low High
Mar 13 633 620.00 644.00
Feb 13 651 639.00 661.00
Jan 13 621 604.00 637.00
Dec 12 602 595.00 609.00
Nov 12 606 592.00 618.00
Oct 12 638 616.00 655.00
Sep 12 675 643.00 702.00
Aug 12 668 633.00 691.00
Jul 12 614 588.00 641.00
Jun 12 595 568.00 627.00
May 12 679 642.00 730.00
Apr 12 724 711.00 741.00
Mar 12 741 731.00 754.00
Feb 12 732 708.00 755.00
Jan 12 722 694.00 732.00
Dec 11 677 654.00 693.00
Nov 11 687 658.00 716.00
Oct 11 659 629.00 685.00
Sep 11 654 630.00 675.00
Aug 11 666 640.00 699.00
Jul 11 672 639.00 697.00
Jun 11 650 624.00 675.00
May 11 646 619.00 685.00
Apr 11 676 655.00 688.00
Mar 11 635 616.00 648.00
Feb 11 621 575.00 665.00
Jan 11 540 517.00 574.00
Dec 10 503 488.00 514.00
Nov 10 487 468.00 510.00
Oct 10 472 460.00 483.00
Sep 10 443 436.00 455.00
Aug 10 452 434.50 475.00
Jul 10 440 418.00 456.00
Jun 10 441 428.00 456.00
May 10 460 419.00 500.00
Apr 10 482 466.00 500.00
Mar 10 466 453.00 482.00
Feb 10 458 437.50 477.00
Jan 10 479 453.00 507.00
Dec 09 461 440.00 486.00
Nov 09 463 446.50 473.00
Oct 09 442 418.00 462.00
Sep 09 432 414.00 448.00
Aug 09 443 426.00 462.00
Jul 09 405 378.00 434.00
Jun 09 405 392.00 421.00
May 09 342 292.00 385.00
Apr 09 287 252.00 303.00
Mar 09 242 225.00 269.00
Feb 09 256 239.00 275.00
Jan 09 257 229.00 278.00
Dec 08 224 208.00 255.00
Nov 08 240 208.00 288.00
Oct 08 407 281.00 557.00
Sep 08 597 514.00 709.00
Aug 08 688 635.00 734.00
Jul 08 719 675.00 765.00
Jun 08 628 561.00 686.00
May 08 585 540.00 640.00
Apr 08 530 500.00 556.00


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