Mon 3 Oct 2016 10:10

Global bunker average up 1.3% in September


Bunker Index (BIX) average rises for the first time in three months.



The global Bunker Index (BIX) monthly average rose for the first time in three months in September, according to Bunker Index price data.

September's monthly average increased by $5.13, or 1.3 percent, to $413.11 per tonne, up from the previous month's figure of $407.98 per tonne.

The $413.11 price is the third-highest since November. The September increase is only the fifth in 16 months, since May 2015.

The BIX is the daily global average price for all the 700-plus assessment prices published on the site, covering over 300 ports and the major fuel grades IFO 380, IFO 180, MDO, and MGO. Every month, a dollar average for all the month's assessment prices is calculated.

Please see the table below for a BIX monthly average history dating back to January 2011.

Month BIX Average +/- ($) +/- (%)
Sep 2016 413.11 +5.13 +1.3%
Aug 2016 407.98 -6.84 -1.6%
Jul 2016 414.82 -0.42 -0.1%
Jun 2016 415.24 +23.20 +5.9%
May 2016 392.04 +30.14 +8.3%
Apr 2016 361.90 +9.85 +2.8%
Mar 2016 352.05 +13.26 +3.9%
Feb 2016 338.79 -4.04 -1.2%
Jan 2016 342.83 -34.20 -9.1%
Dec 2015 377.03 -42.34 -10.1%
Nov 2015 419.37 -15.50 -3.6%
Oct 2015 434.87 -3.03 -0.7%
Sep 2015 437.90 -11.09 -2.5%
Aug 2015 448.99 -49.77 -10.0%
Jul 2015 498.76 -36.76 -6.9%
Jun 2015 535.52 -8.48 -1.6%
May 2015 544.00 +30.94 +6.0%
Apr 2015 513.06 +0.31 +0.06%
Mar 2015 512.75 -5.65 -1.1%
Feb 2015 518.40 +23.79 +4.8 %
Jan 2015 494.61 -65.54 -11.7 %
Dec 2014 560.15 -89.61 -13.8 %
Nov 2014 649.76 -50.57 -7.2 %
Oct 2014 700.33 -53.49 -7.1 %
Sep 2014 753.82 -15.61 -2.0 %
Aug 2014 769.43 -13.33 -1.7 %
Jul 2014 782.76 -11.05 -1.4 %
Jun 2014 793.81 +4.76 +0.6 %
May 2014 789.05 +0.09 +0.01 %
Apr 2014 788.96 -3.85 -0.5 %
Mar 2014 792.81 -0.82 -0.1 %
Feb 2014 793.63 +5.78 +0.7 %
Jan 2014 787.85 -5.72 -0.7 %
Dec 2013 793.57 +11.58 +1.5 %
Nov 2013 781.99 -9.31 -1.2 %
Oct 2013 791.30 -7.95 -1.0 %
Sep 2013 799.25 +2.96 +0.4%
Aug 2013 796.29 +5.44 +0.7%
Jul 2013 790.85 +4.29 +0.5%
Jun 2013 786.56 -0.05 -0.006%
May 2013 786.61 -4.64 -0.6%
Apr 2013 791.25 -25.71 -3.1%
Mar 2013 816.96 -27.77 -3.3%
Feb 2013 844.73 +21.31 +2.6%
Jan 2013 823.42 +19.38 +2.4%
Dec 2012 804.04 -6.05 -0.7%
Nov 2012 810.09 -23.85 -2.9%
Oct 2012 833.94 -19.14 -2.2%
Sep 2012 853.08 +20.09 +2.4%
Aug 2012 832.99 +47.42 +6.0%
Jul 2012 785.57 +10.62 +1.4%
Jun 2012 774.95 -70.59 -8.3%
May 2012 845.54 -43.51 -4.9%
Apr 2012 889.05 -13.09 -1.5%
Mar 2012 902.14 +28.38 +3.2%
Feb 2012 873.76 +24.73 +2.9%
Jan 2012 849.03 +30.85 +3.8%
Dec 2011 818.18 -16.64 -2.0%
Nov 2011 834.82 +20.21 +2.5%
Oct 2011 814.61 -5.29 -0.6%
Sep 2011 819.90 +0.52 +0.06%
Aug 2011 819.38 -15.42 -1.8%
Jul 2011 834.80 +11.61 +1.4%
Jun 2011 823.19 +1.11 +0.1%
May 2011 822.08 -24.57 -2.9%
Apr 2011 846.65 +46.40 +5.8%
Mar 2011 800.25 +71.17 +9.8%
Feb 2011 729.08 +62.34 +9.3%
Jan 2011 666.74 +29.67 +4.7%


For further details regarding Bunker Index regional and global indices, please click on the following link to our index summary page below.

http://www.bunkerindex.com/prices/indices.php

Martin Vorgod, CEO of Global Risk Management. Martin Vorgod elevated to CEO of Global Risk Management  

Vorgod, currently CCO at GRM, will officially step in as CEO on December 1, succeeding Peder Møller.

Dorthe Bendtsen, KPI OceanConnect. Dorthe Bendtsen named interim CEO of KPI OceanConnect  

Officer with background in operations and governance to steer firm through transition as it searches for permanent leadership.

Bunker Holding's executive management team, from left to right: CCO Anders Grønborg,  COO Peder Møller, CEO Keld R. Demant and CFO Michael Krabbe. Bunker Holding revamps commercial department and management team  

CCO departs; commercial activities divided into sales and operations.

Image of a bunker delivery being performed by Peninsula's Hercules 8000 tanker vessel. Peninsula extends UAE coverage into Abu Dhabi and Jebel Ali  

Supplier to provide 'full range of products' after securing bunker licences.

A screenshot taken from Peninsula's homepage on October 4, 2024. Peninsula to receive first of four tankers in Q2 2025  

Methanol-ready vessels form part of bunker supplier's fleet renewal programme.

Stephen Robinson, pictured on his appointment as Head of Bunker Strategy and Procurement at Tankers International. Stephen Robinson heads up bunker desk at Tankers International  

Former Bomin and Cockett MD appointed Head of Bunker Strategy and Procurement.

Chart showing percentage of off-spec and on-spec samples by fuel type, according to VPS. Is your vessel fully protected from the dangers of poor-quality fuel? | Steve Bee, VPS  

Commercial Director highlights issues linked to purchasing fuel and testing quality against old marine fuel standards.

Ships at the Tecon container terminal at the Port of Suape, Brazil. GDE Marine targets Suape LSMGO by year-end  

Expansion plan revealed following '100% incident-free' first month of VLSFO deliveries.

Hercules Tanker Management and Hyundai Mipo Dockyard sign bunker vessel agreement Peninsula CEO seals deal to build LNG bunker vessel  

Agreement signed through shipping company Hercules Tanker Management.

Illustration of Kotug tugboat and the logos of Auramarine and Sanmar Shipyards. Auramarine supply system chosen for landmark methanol-fuelled tugs  

Vessels to enter into service in mid-2025.


↑  Back to Top