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The Bunker Index 380 CST (BIX 380) price - the worldwide daily 380 centistoke (cSt) average quoted in US$ per metric tonne - fell for the seventh consecutive week on Thursday, according to Bunker Index price data.

The global 380 cSt bunker price was down $5.93, or 2.7 percent, to $214.08 per tonne on December 24 compared with $220.01 per tonne on December 18.

The $214.08-per-tonne figure is the lowest end-of-week price of the year so far. It is also the lowest daily price of 2015, beating the $214.41 price recorded the previous day, on Wednesday, December 23.

The $5.93 7-day decline is the least significant in 4 weeks - since the $1.35 decrease seen in week 48.

During a sustained period of price drops, the global 380 cSt price has fallen every day since November 25 - for 21 consecutive trading days. Since the last daily price increase on November 25, 380 cSt has plummeted $49.37, or 18.7 percent, from $263.45 to $214.08.

To access the full Bunker Index 380 (BIX 380) archive, please click on the following link below.

http://www.bunkerindex.com/prices/bixfree.php?priceindex_id=2

Please find a summary of end-of-week BIX 380 prices below (in US$ per tonne) since the start of the year.

Bunker Index 380 CST (BIX 380):

24/12 (Week 52) - 214.08 (-5.93, -2.7%)
18/12 (Week 51) - 220.01 (-13.54, -5.8%)
11/12 (Week 50) - 233.55 (-15.80, -6.3%)
04/12 (Week 49) - 249.35 (-11.00, -4.2%)
27/11 (Week 48) - 260.35 (-1.35, -0.5%)
20/11 (Week 47) - 261.70 (-5.82, -2.2%)
13/11 (Week 46) - 267.52 (-14.33, -5.1%)
06/11 (Week 45) - 281.85 (+3.28, +1.2%)
30/10 (Week 44) - 278.57 (+1.39, +0.5%)
23/10 (Week 43) - 277.18 (-9.63, -3.4%)
16/10 (Week 42) - 286.81 (-8.59, -2.9%)
09/10 (Week 41) - 295.40 (+12.26, +4.3%)
02/10 (Week 40) - 283.14 (+1.89, +0.7%)
25/09 (Week 39) - 281.25 (-4.95, -1.7%)
18/09 (Week 38) - 286.20 (+4.25, +1.5%)
11/09 (Week 37) - 281.95 (-14.01, -4.7%)
04/09 (Week 36) - 295.96 (+15.69, +5.6%)
28/08 (Week 35) - 280.27 (-6.42, -2.2%)
21/08 (Week 34) - 286.69 (-24.40, -7.8%)
14/08 (Week 33) - 311.09 (-0.20, -0.06%)
07/08 (Week 32) - 311.29 (-18.14, -5.5%)
31/07 (Week 31) - 329.43 (-10.42, -3.1%)
24/07 (Week 30) - 339.85 (-14.48, -4.1%)
17/07 (Week 29) - 354.33 (-7.20, -2.0%)
10/07 (Week 28) - 361.53 (-19.41, -5.1%)
03/07 (Week 27) - 380.94 (-4.35, -1.1%)
26/06 (Week 26) - 385.29 (-8.12, -2.1%)
19/06 (Week 25) - 393.41 (-0.94, -0.2%)
12/06 (Week 24) - 394.35 (+2.16, +0.6%)
05/06 (Week 23) - 392.19 (-3.92, -1.0%)
29/05 (Week 22) - 396.11 (-6.43, -1.6%)
22/05 (Week 21) - 402.54 (-0.01, -0.002%)
15/05 (Week 20) - 402.55 (+1.98, +0.5%)
08/05 (Week 19) - 400.57 (+12.16, +3.1%)
01/05 (Week 18) - 388.41 (+7.11, +1.9%)
24/04 (Week 17) - 381.30 (+6.61, +1.8%)
17/04 (Week 16) - 374.69 (+17.86, +5.0%)
10/04 (Week 15) - 356.83 (+2.36, +0.7%)
03/04 (Week 14) - 354.47 (-7.13, -2.0%)
27/03 (Week 13) - 361.60 (+11.10, +3.2%)
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