Thu 2 May 2013, 05:42 GMT

April the most volatile month since August


BIX data shows that bunker price volatility in April rose to its highest level in eight months.



Bunker price volatility rose to its highest level since August during the month of April, according to Bunker Index price data.

In a comparison of low-high differentials for the daily BIX global average, April proved to be the most volatile in eight months with a low-high differential of $42.34 per tonne.

The lowest daily global bunker price last month was $774.36 per tonne recorded on April 23, whilst the highest price was $816.70 per tonne on April 3.

Please find below a table showing the intra-month price volatility of global bunker prices between April 2009 and April 2013.

All prices are in USD per metric tonne.

Month Low-High
Differential ($)
Low ($) High ($)
Apr-13 42.34 774.36 816.70
Mar-13 15.79 809.89 825.68
Feb-13 25.25 828.23 853.48
Jan-13 25.00 809.78 834.78
Dec-12 14.55 798.03 812.58
Nov-12 12.00 804.14 816.14
Oct-12 22.74 821.23 843.97
Sep-12 28.02 839.28 867.30
Aug-12 51.96 800.77 852.73
Jul-12 44.77 761.50 806.27
Jun-12 50.40 753.89 804.29
May-12 76.59 813.74 890.33
Apr-12 17.47 882.87 900.34
Mar-12 14.36 893.30 907.66
Feb-12 43.57 850.51 894.08
Jan-12 32.87 825.20 858.07
Dec-11 26.07 804.06 830.13
Nov-11 30.28 819.92 850.20
Oct-11 42.17 790.04 832.21
Sep-11 32.43 801.43 833.86
Aug-11 42.42 806.42 848.84
Jul-11 34.77 812.66 847.43
Jun-11 44.72 798.53 843.25
May-11 56.39 803.55 859.94
Apr-11 44.61 814.95 859.56
Mar-11 37.1 771.53 808.63
Feb-11 77.51 695.08 772.59
Jan-11 40.05 648.23 688.28
Dec-10 32.11 617.5 649.61
Nov-10 30.47 599.97 630.44
Oct-10 15.38 590.42 605.80
Sep-10 18.18 563.2 581.38
Aug-10 37.4 560.59 597.99
Jul-10 22.55 556.51 579.06
Jun-10 23.46 563.73 587.19
May-10 67.83 558.16 625.99
Apr-10 33.33 574.65 607.98
Mar-10 14.79 557.88 572.67
Feb-10 33.25 530.62 563.87
Jan-10 41.68 545.45 587.13
Dec-09 31.84534.52 566.36
Nov-09 9.54 547.65 567.95
Oct-09 48.22501.05 552.51
Sep-09 32.15493.40525.55
Aug-09 24.11 509.70 533.81
Jul-09 45.03460.73 505.76
Jun-09 43.44457.87501.31
May-09 66.56383.18 449.74
Apr-09 19.81370.12389.93




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