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Tue 1 Oct 2013, 11:21 GMT

BIX bunker price volatility analysis - September 2013


BIX data shows that price volatility fell to its third lowest level of the year in September.

Bunker price volatility fell to its third lowest level of the year during the month of September, according to Bunker Index price data.

In a comparison of low-high differentials for the daily BIX global average, September recorded a low-high differential of $14.96 per tonne, down from 23.09 in August.

The lowest daily global bunker price last month was $793.20 per tonne recorded on September 24, whilst the highest price was $808.16 per tonne on September 9.

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

All prices are in USD per metric tonne.

Month Low-High
Differential ($) 		Low ($) High ($)
Sep-13 14.96 793.20 808.16
Aug-13 23.09 785.94 809.03
Jul-13 14.21 782.20 796.41
Jun-13 18.16 778.58 796.74
May-13 12.86 780.06 792.92
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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