Tue 4 Nov 2014, 11:40 GMT

Lowest monthly Rotterdam 380 cSt average since November 2010


Rotterdam's monthly 380 cSt average was $65 lower in October - the biggest decrease since June 2012.



The 380 centistoke (cSt) average at Europe's leading bunker port fell to its lowest level since November 2010 during the month of October, according to Bunker Index price data.

The Rotterdam 380 cSt average declined by $65, or 11.9 percent, to $481 per tonne last month, down from $546 per tonne in September.

The $65 price decrease is the most significant of the year so far and the biggest since June 2012, when Rotterdam's 380 cSt average fell by $74 to $562 per tonne.

In comparison with the corresponding month in 2013, the October 2014 average is $105 lower. It is $134 below the $615 per tonne price recorded in October 2012.

Please find a table below outlining average monthly Rotterdam 380 cSt prices between April 2008 and October 2014.

Month Average ($/mt) Low High
Oct 14 481 445.00 586.00
Sep 14 546 535.00 574.00
Aug 14 564 557.00 576.00
Jul 14 575 569.00 592.00
Jun 14 588 574.00 606.00
May 14 577 568.00 585.00
Apr 14 579 573.00 585.00
Mar 14 577 572.00 594.00
Feb 14 579 566.00 592.00
Jan 14 567 558.00 587.00
Dec 13 583 574.00 591.00
Nov 13 575 565.00 586.00
Oct 13 586 580.00 599.00
Sep 13 593 585.50 603.00
Aug 13 600 587.00 621.00
Jul 13 595 577.00 608.00
Jun 13 580 565.00 597.00
May 13 583 572.00 597.00
Apr 13 584 565.00 620.00
Mar 13 603 595.00 610.00
Feb 13 631 609.00 646.00
Jan 13 610 589.00 626.00
Dec 12 579 572.00 590.00
Nov 12 586 570.00 597.00
Oct 12 615 592.00 634.00
Sep 12 647 612.00 671.00
Aug 12 639 603.00 665.00
Jul 12 590 558.00 621.00
Jun 12 562 537.00 587.00
May 12 636 603.00 699.00
Apr 12 690 677.00 709.00
Mar 12 706 696.00 718.00
Feb 12 689 665.00 710.00
Jan 12 669 634.00 692.00
Dec 11 617 594.00 638.00
Nov 11 639 609.00 670.00
Oct 11 627 589.00 653.00
Sep 11 629 600.00 654.00
Aug 11 627 595.00 673.00
Jul 11 645 618.00 668.00
Jun 11 626 598.00 651.00
May 11 615 586.50 651.00
Apr 11 645 624.00 658.00
Mar 11 602 590.00 620.00
Feb 11 561 530.00 624.00
Jan 11 509 493.00 518.00
Dec 10 483 470.00 495.00
Nov 10 469 453.00 491.00
Oct 10 455 446.00 470.00
Sep 10 430 420.50 441.00
Aug 10 435 415.00 459.00
Jul 10 422 397.00 438.00
Jun 10 421 406.00 435.00
May 10 435 389.00 487.00
Apr 10 466 452.00 483.00
Mar 10 449 435.00 468.00
Feb 10 439 418.00 459.00
Jan 10 455 429.00 486.00
Dec 09 440 417.00 464.00
Nov 09 455 441.00 467.00
Oct 09 426 387.00 458.00
Sep 09 405 386.00 422.00
Aug 09 423 405.00 436.00
Jul 09 382 356.00 412.00
Jun 09 380 364.00 399.00
May 09 325 277.00 364.00
Apr 09 275 250.00 289.00
Mar 09 241 220.00 270.00
Feb 09 239 220.00 258.00
Jan 09 228 176.00 258.00
Dec 08 194 158.00 225.00
Nov 08 221 193.00 262.00
Oct 08 384 245.00 562.00
Sep 08 549 474.00 645.00
Aug 08 622 570.00 672.00
Jul 08 679 626.00 733.00
Jun 08 596 532.00 658.00
May 08 539 493.00 589.00
Apr 08 498 465.00 511.00


Monjasa Oil & Shipping Trainee (MOST) trainees. Monjasa opens applications for global trainee programme  

Marine fuel supplier seeks candidates for MOST scheme spanning offices from Singapore to New York.

Singapore's first fully electric harbour tug. Singapore's first fully electric tug completes commissioning ahead of April deployment  

PaxOcean and ABB’s 50-tonne bollard-pull vessel represents an early step in harbour craft electrification.

Fuel for thought: Hydrogen report cover. Lloyd's Register report examines hydrogen's potential and challenges for decarbonisation  

Classification society highlights fuel's promise alongside safety, infrastructure, and cost barriers limiting maritime adoption.

Bureau Veritas and Straits Bio-LNG sign MoU. BV Malaysia partners with Straits Bio-LNG on sustainable biomethane certification  

MoU aims to establish ISCC EU-certified biomethane production and liquefaction facility in strategic alliance.

Molgas Energy logo. Molgas becomes non-clearing member at European Energy Exchange  

Spanish energy company joins EEX as it expands European operations and strengthens shipper role.

Yiannis Diamandopoulos, Elinoil. Diamandopoulos appointed CEO of Elinoil as Aligizakis becomes chairman  

Greek marine lube supplier announces leadership changes following board meeting on 5 January.

Sustainable Marine Fuel Services webinar hosted by BV graphic. Bureau Veritas to host webinar on sustainable marine fuel transition challenges  

Classification society to address regulatory compliance, market trends, and investment strategies in February online event.

Inchcape Shipping Services logo. Inchcape to provide bunkering services from new Indonesian offices  

Port agency establishes presence in key bulk and tanker operation hubs handling 150 calls annually.

CPN launch of B100 marine biodiesel supply in Hong Kong graphic. Chimbusco Pan Nation launches B100 biodiesel supply in Hong Kong  

Bunker tanker Guo Si becomes Hong Kong's first Type II certified vessel for pure biodiesel operations.

Vox Apolonia vessel. Van Oord completes Dutch beach replenishment using 100% bio-LNG  

Dredger Vox Apolonia deposited 1 million cbm of sand at Noord-Beveland beach under Coastline Care programme.