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The 380 cSt average at the world's leading bunker port, Singapore, dipped just $1 in August, but the daily assessment price ended the month $42 higher than the last trading day of July.

August ended with an assessment price of $258.00 per tonne, up $42.00, or 19.4 percent, on the $216.00-per-tonne figure recorded on Friday July 29th.

The monthly Singapore 380 cSt average fell $1 to $240 per tonne, down from $241 per tonne in July. It is the second-highest average monthly price in 12 months - since August 2015.

August saw Singapore's best-selling fuel grade record a $58 low-to-high differential, with a price range of $208 to $264 per tonne. The lowest price of $208 per tonne was seen on August 3rd, whilst the month's highest price of $264 per tonne was quoted on August 18th, 26th and 30th.

A full summary of current and historical prices in Singapore can be found by clicking on the following link:

http://www.bunkerindex.com/prices/portfreels_xmdo.php?port_id=682

Please find tables below outlining average monthly Singapore 380 cSt prices between January 2015 and August 2016, and end-of-month prices since December 2015.

Month	Average($/mt)	Low	High
Aug 16	240	208.00	264.00
Jul 16	241	212.00	259.00
Jun 16	239	223.00	262.00
May 16	223	206.00	234.00
Apr 16	192	165.00	225.00
Mar 16	177	155.00	190.00
Feb 16	158	145.00	180.00
Jan 16	161	143.00	188.00
Dec 15	180	154.00	219.00
Nov 15	227	212.00	250.00
Oct 15	238	224.00	260.00
Sep 15	237	220.00	262.00
Aug 15	246	203.00	272.00
Jul 15	306	278.00	339.00
Jun 15	357	330.00	385.00
May 15	375	358.00	398.00
Apr 15	339	310.00	368.00
Mar 15	324	300.00	358.00
Feb 15	351	295.00	377.00
Jan 15	283	265.00	318.00

Date	Price ($/mt)	Day's Low	Day's High
Aug 31, 2016	258.00	256.00	260.00
Jul 29, 2016	216.00	212.00	220.00
Jun 30, 2016	259.00	256.00	262.00
May 31, 2016	230.00	227.00	233.00
Apr 30, 2016	224.00	223.00	225.00
Mar 31, 2016	179.00	178.00	180.00
Feb 29, 2016	152.00	150.00	154.00
Jan 29, 2016	173.50	165.00	182.00
Dec 31, 2015	173.00	169.00	177.00