Singapore: Lowest accumulated bunker sales since 2010

Bunker sales in Singapore fell to their lowest level since June during the month of September, according to data released by the Maritime and Port Authority of Singapore (MPA).

Total sales at the world's leading bunker port decreased last month by 147,300 tonnes, or 4.0 percent, to 3,521,500 tonnes, down from 3,668,800 tonnes in August. It is the first volume decline since June and the sixth month-on-month decrease this year.

In comparison with the corresponding month last year, September volumes were down by 89,000 tonnes, or 2.5 percent. It is the third time in four months that year-on-year volumes have fallen. So far in 2014, monthly bunker sales have been lower on five occasions compared to 2013.

Accumulated bunker sales for the year so far are 31,697,300 tonnes, which represents a decrease of 28,800 tonnes compared to the first nine months of 2013 (31,726,100 tonnes). Additionally, the figure is below the volumes sold during the corresponding period in 2012 (32,275,600 tonnes) and 2011 (32,188,100 tonnes), but above the 30,513,300 tonnes sold between January and September 2010.

It is also the seventh time in nine months that accumulated sales volumes have been below 2013 levels.

Sales of 380 centistoke (cSt) - Singapore's largest-selling bunker grade - dropped by 87,900 tonnes, or 3.2 percent, in September to 2,648,800 tonnes. It is the fourth lowest figure of the year so far. In comparison with the corresponding month last year, 380 cSt sales were down by 24,700 tonnes, or 0.9 percent.

500 cSt volumes fell below 700,000 tonnes for only the second time since March to 677,600 tonnes, down from 728,100 tonnes in August - the third highest ever figure and only the fifth time that 500 cSt sales had surpassed 700,000 tonnes. September's result is 7,300 tonnes, or 1.1 percent, lower than in September 2013. Year-on-year sales of 500 cSt have only declined twice so far this year - the other occasion being during the month of March.

Below are tables of bunker sales in Singapore for each fuel grade in 2014, 2013, 2012 and 2011 with accumulated totals in the bottom row.

2014	Total	500cst	380cst	180cst	MGO
Jan	3,557.8	635.7	2,754.8	42.9	70.4
Feb	3,277.4	524.1	2,522.0	73.8	91.7
Mar	3,184.9	574.1	2,402.7	57.8	88.3
Apr	3,812.9	747.9	2,814.2	79.9	98.7
May	3,637.6	718.2	2,701.9	64.4	90.0
Jun	3,373.8	668.7	2,479.8	78.7	80.3
Jul	3,662.6	737.8	2,718.2	57.7	86.3
Aug	3,668.8	728.1	2,736.7	58.0	82.8
Sep	3,521.5	677.6	2,648.8	57.6	89.9
Total	31,697.3	6,012.2	23,779.1	570.8	778.4

2013	Total	500cst	380cst	180cst	MGO
Jan	3,787.6	581.8	2,929.3	99.7	119.3
Feb	3,076.4	492.0	2,365.7	69.9	84.5
Mar	3,362.7	580.8	2,512.7	78.8	104.8
Apr	3,647.9	633.2	2,713.7	94.2	113.9
May	3,529.0	644.3	2,633.2	89.5	93.7
Jun	3,478.2	641.6	2,588.7	81.1	95.0
Jul	3,740.8	714.6	2,773.0	81.7	107.3
Aug	3,488.1	693.0	2,570.9	69.7	96.7
Sep	3,610.5	684.9	2,673.5	77.5	104.1
Oct	3,780.6	688.8	2,866.6	71.4	91.6
Nov	3,373.1	652.2	2,525.0	67.4	74.5
Dec	3,802.4	654.2	2,917.8	69.4	97.4
Total	42,682.2	7,661.4	32,070.1	950.3	1182.8

2012	Total	500cst	380cst	180cst	MGO
Jan	3,668.5	406.3	3,019.0	115.3	113.3
Feb	3,092.7	407.2	2,436.9	112.3	128.7
Mar	3,608.8	486.9	2,885,4	106.1	126.4
Apr	3,735.4	515.3	2,982.6	103.5	129.9
May	3,985.7	591.5	3,144.6	117.50	128.4
Jun	3,646.9	553.6	2,883.3	85.6	123.4
Jul	3,665.2	503.5	2,924.4	110.0	114.7
Aug	3,556.0	568.1	2,756.7	107.9	120.1
Sep	3,326.4	535.9	2,570.1	87.7	118.1
Oct	3,508.4	549.1	2,747.0	92.7	114.2
Nov	3,275.6	566.7	2,491.9	92.3	118.6
Dec	3,625.7	541.4	2,843.6	116.1	118.3
Total	42,685.3	6,225.5	33,685.5	1,247.0	1,454.1

2011	Total	500cst	380cst	180cst	MGO
Jan	3,642.4	480.3	2,841.2	171.0	134.0
Feb	3,268.8	438.7	2,544.2	151.8	111.7
Mar	3,520.7	472.9	2,747.8	146.5	134.9
Apr	3,248.5	425.4	2,541.5	132.2	118.9
May	3,621.9	475.7	2,873.7	130.6	123.2
Jun	3,859.2	515.2	3,031.9	141.1	143.4
Jul	3,642.9	476.6	2,883.7	135.2	127.8
Aug	3,815.3	470.2	3,050.4	133.6	149.3
Sep	3,568.4	468.1	2,836.8	132.0	125.6
Oct	3,546.2	385.3	2,867.1	131.9	145.1
Nov	3,615.4	537.6	2,800.7	124.2	126.8
Dec	3,804.1	431.8	3,103.1	110.9	128.9
Total	43,153.6	5,577.7	34,122.1	1,641.0	1,569.6


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Singapore: Lowest accumulated bunker sales since 2010

Monthly bunker volumes drop to their lowest level since June as accumulated sales for the year so far fall below levels recorded in 2013, 2012 and 2011.

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