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The Bunker Index (BIX) - the daily average worldwide bunker price quoted in US$ per metric tonne - fell to its lowest end-of-week level of the year so far on August 7, according to Bunker Index price data.

The global price dropped by $16.19, or 3.4 percent, to $459.58 per tonne on August 7 compared to $475.77 per tonne on July 31.

It is the eighth end-of-week decline in a row and the eleventh in the last twelve weeks.

In percentage terms, the 3.4 percent fall is the most significant in 29 weeks - since the third week of 2015.

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

Bunker Index (BIX):

07/08 (Week 32) - 459.58 (-16.19, -3.4%)

31/07 (Week 31) - 475.77 (-10.06, -2.1%)

24/07 (Week 30) - 485.83 (-12.53, -2.5%)

17/07 (Week 29) - 498.36 (-7.15, -1.4%)

10/07 (Week 28) - 505.51 (-17.61, -3.4%)

03/07 (Week 27) - 523.12 (-4.68, -0.9%)

26/06 (Week 26) - 527.80 (-9.80, -1.8%)

19/06 (Week 25) - 537.60 (-0.79, -0.15%)

12/06 (Week 24) - 538.39 (+4.09, +0.8%)

05/06 (Week 23) - 534.30 (-2.61, -0.5%)

29/05 (Week 22) - 536.91 (-10.91, -2.0%)

22/05 (Week 21) - 547.82 (-0.55, -0.1%)

15/05 (Week 20) - 548.37 (+2.66, +0.5%)

08/05 (Week 19) - 545.71 (+11.14, +2.1%)

01/05 (Week 18) - 534.57 (+9.93, +1.9%)

24/04 (Week 17) - 524.64 (+7.31, +1.4%)

17/04 (Week 16) - 517.33 (+15.28, +3.0%)

10/04 (Week 15) - 502.05 (-0.61, -0.1%)

03/04 (Week 14) - 502.66 (-6.47, -1.3%)

27/03 (Week 13) - 509.13 (+9.87, +2.0%)

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

To access the full Bunker Index (BIX) archive, please click on the following link below.

http://www.bunkerindex.com/prices/bixfree.php?priceindex_id=1