Mon 23 Mar 2015 11:29

Bunker Index (BIX) price summary: week 12


Global bunker prices fall for the third week in a row.



The Bunker Index (BIX) - the daily average global bunker price quoted in US$ per metric tonne - declined by $14.73 per tonne, or 2.9 percent, during the seven-day period between March 13 and March 20, according to Bunker Index price data.

The end-of-week global price was $499.26 per tonne on March 20 compared to $513.99 per tonne on March 13. It is the third successive week that the global bunker average has fallen.

Meanwhile, the worldwide 380 centistoke (cSt) average, the BIX 380, decreased by 3.3 percent in week 12 to $350.50 per tonne, down from $362.51 on March 13.

The BIX MGO - the global marine gas oil (MGO) average - fell by $16.12, or 2.3 percent, to $698.49 per tonne last week in comparison with the end-of-week price of $714.61 per tonne recorded on March 13.

Please find a summary of end-of-week BIX prices below (in US$ per tonne).

Bunker Index (BIX):

20/03 (Week 12) - 499.26 (-14.73, -2.9%)
13/03 (Week 11) - 513.99 (-11.94, -2.3%)
06/03 (Week 10) - 525.93 (-7.04, -1.3%)
27/02 (Week 9) - 532.97 (+2.15, +0.4%)
20/02 (Week 8) - 530.82 (+10.17, +2.0%)
13/02 (Week 7) - 520.65 (+11.24, +2.2%)
06/02 (Week 6) - 509.41 (+31.65, +6.6%)
30/01 (Week 5) - 477.76 (-5,69, -1.2%)
23/01 (Week 4) - 483.45 (-5.42, -1.1%)
16/01 (Week 3) - 488.87 (-17.54, -3.5%)
09/01 (Week 2) - 506.41 (+19.64, +3.7%)
02/01 (Week 1) - 526.05

Bunker Index 380 CST (BIX 380):

20/03 (Week 12) - 350.50 (-12.01, -3.3%)
13/03 (Week 11) - 362.51 (-10.67, -2.9%)
06/03 (Week 10) - 373.18 (-3.94, -1.0%)
27/02 (Week 9) - 377.12 (-0.14, -0.04%)
20/02 (Week 8) - 377.26 (+12.32, +3.4%)
13/02 (Week 7) - 364.94 (+17.14, +4.9%)
06/02 (Week 6) - 347.80 (+41.38, +13.5%)
30/01 (Week 5) - 306.42 (-1.74, -0.6%)
23/01 (Week 4) - 308.16 (-4,94, -1.6%)
16/01 (Week 3) - 313.10 (-16.24, -4.9)
09/01 (Week 2) - 329.34 (-27.83, -7.8%)
02/01 (Week 1) - 357.17

Bunker Index MGO (BIX MGO):

20/03 (Week 12) - 698.49 (-16.12, -2.3%)
13/03 (Week 11) - 714.61 (-15.61, -2.1%)
06/03 (Week 10) - 730.22 (-12.11, -1.6%)
27/02 (Week 9) - 742.33 (+5.57, +0.8%)
20/02 (Week 8) - 736.76 (+6.79, +0.9%)
13/02 (Week 7) - 729.97 (+3.00, +0.4%)
06/02 (Week 6) - 726.97 (+21.59, +3.1%)
30/01 (Week 5) - 705.38 (-12.62, -1.8%)
23/01 (Week 4) - 718.00 (-16.84, -2.3%)
16/01 (Week 3) - 734.84 (-14.82, -2.0%)
09/01 (Week 2) - 749.66 (-29.19, -3.7%)
02/01 (Week 1) - 778.85


Illustration of Singapore's first floating LNG terminal. ABB wins contract to power Singapore's first floating LNG terminal  

FSRU will enable Singapore to boost its LNG importing capacity by 50 percent.

Bunker Partner homepage. Bunker Partner appoints trader in Dubai  

Marine fuel trading and broking company expands UAE team.

Fratelli Cosulich 2025 Bunker Meeting. Cosulich Marine Energy team meets in Monaco to discuss latest industry developments  

Members of Marine Energy division analysed strategies, methanol investments and evolving regulatory framework.

Monjasa MOST trainees. Monjasa trainee programme sees 97% surge in applications  

Marine fuel seller receives 1,530 applications for 2025, nearly double previous years.

Anothony Veder's ethylene carrier Coral Patula. Nissen Kaiun invests in wind-assist technology firm Econowind  

Investment highlights growing industry interest in fuel-neutral wind propulsion technologies.

South Africa flag illustration. Peninsula expands marine fuel operations to Algoa Bay  

Supplier partners with Linsen Nambi to launch bunkering services from October.

Palace of Westminster, London. UK government commits GBP 448m to maritime decarbonisation research programme  

UK SHORE funding aims to accelerate clean shipping technologies through 2030.

Header image for ABS 2025 Sustainability Outlook, Beyond the Horizon: Vision Meets Reality. ABS chief urges IMO to pause net zero framework over fuel availability concerns  

Christopher Wiernicki says LNG and biofuels are 'mission critical' to shipping decarbonisation success.

Quadrise production process — illustration. Quadrise appoints veteran Peter Borup as CEO to drive commercialisation  

Former Maersk executive to lead decarbonisation technology company from October 1.

HMS Bergbau logo. German commodities trader HMS Bergbau enters marine fuels market  

Company acquires experienced team to trade bunkers and lubricants globally.