Fri 30 Sep 2016 10:38

Singapore records highest 380 cSt monthly average in 14 months


Singapore's best-selling bunker product ended the month $4.00 higher than the last trading day of August.

The 380 cSt average at the world's leading bunker port, Singapore, rose to its highest level in 14 months in September, according to Bunker Index price data.

The 380 cSt average at the world's leading bunker port increased by $16, or 6.7 percent, to $256 per tonne this month, up from $240 per tonne in August. It is the highest monthly average since July 2015.

The increase is the most significant in 3 months - since the $16, or 7.2 percent, rise recorded in June.

September saw Singapore's best-selling fuel grade record a $24 low-to-high differential, with a price range of $244 to $268 per tonne. The lowest price of $244 per tonne was seen on 2nd September, whilst the month's highest price of $268 per tonne was quoted on 5th September.

The month ended with an assessment price of $262.00 per tonne, up $4.00, or 1.6 percent, on the $258.00-per-tonne figure recorded on the last trading day of August.

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 September 2016, and end-of-month prices since December 2015.

MonthAverage($/mt)LowHigh
Sep 16256 244.00 268.00
Aug 16240 208.00 264.00
Jul 16241 212.00 259.00
Jun 16239 223.00 262.00
May 16223 206.00 234.00
Apr 16192 165.00 225.00
Mar 16177 155.00 190.00
Feb 16158 145.00 180.00
Jan 16161 143.00 188.00
Dec 15180 154.00 219.00
Nov 15227 212.00 250.00
Oct 15238 224.00 260.00
Sep 15237 220.00 262.00
Aug 15246 203.00 272.00
Jul 15306 278.00 339.00
Jun 15357 330.00 385.00
May 15375 358.00 398.00
Apr 15339 310.00 368.00
Mar 15324 300.00 358.00
Feb 15351 295.00 377.00
Jan 15283 265.00 318.00


DatePrice ($/mt)Day's LowDay's High
Sep 30, 2016262.00 259.00 265.00
Aug 31, 2016258.00 256.00 260.00
Jul 29, 2016216.00 212.00 220.00
Jun 30, 2016259.00 256.00 262.00
May 31, 2016230.00 227.00 233.00
Apr 30, 2016224.00 223.00 225.00
Mar 31, 2016179.00 178.00 180.00
Feb 29, 2016152.00 150.00 154.00
Jan 29, 2016173.50 165.00 182.00
Dec 31, 2015173.00 169.00 177.00
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