Fri 2 Dec 2016 11:23

Rotterdam 380 cSt drops $14 in November


Monthly 380 cSt average at Europe's biggest bunker port fell for the first time since January.



The 380 centistoke (cSt) average at Europe's leading bunker port declined in November from the previous month's 15-month high, according to Bunker Index price data.

The Rotterdam 380 cSt average decreased by $14, or 5.3 percent, to $252 per tonne, down from $266 per tonne in October. It is the first month-on-month decline since January.

During November, Rotterdam's best-selling fuel grade recorded a $33 low-to-high price differential, with a range of $236 to $269 per tonne. The low of $236 was recorded on 14th and 15th November, whilst the month's high was seen on 30th November.

In comparison with the corresponding month in 2015, the November 2016 average is $49 higher. It is $173 below the $425-per-tonne figure seen in November 2014.

The month ended with an assessment price of $266.00 per tonne, up $1.50, or 0.6 percent, on the $264.50 per tonne recorded on the last trading day of October.

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

http://www.bunkerindex.com/prices/portfreels_xmdo.php?port_id=637

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

Month Average ($/mt) Low High
Nov 16 252 236.00 269.00
Oct 16 266 250.00 277.00
Sep 16 243 227.00 254.00
Aug 16 231 202.00 254.00
Jul 16 231 212.00 248.00
Jun 16 229 214.00 253.00
May 16 212 190.00 225.00
Apr 16 173 140.00 208.00
Mar 16 159 140.00 175.00
Feb 16 143 124.00 160.00
Jan 16 124 105.00 158.00
Dec 15 154 133.00 195.00
Nov 15 203 185.00 232.00
Oct 15 226 206.00 249.00
Sep 15 225 208.00 254.00
Aug 15 236 191.00 263.00
Jul 15 292 264.00 328.00
Jun 15 329 314.00 348.00
May 15 344 318.00 366.00
Apr 15 316 285.00 345.00
Mar 15 297 271.00 325.00
Feb 15 306 258.00 335.00
Jan 15 244 231.00 277.00


DatePrice ($/mt)Day's LowDay's High
Nov 30, 2016266.00 263.00 269.00
Oct 31, 2016264.50 262.00 267.00
Sep 30, 2016250.50 249.00 252.00
Aug 31, 2016241.50 240.00 243.00
Jul 29, 2016215.00 213.00 217.00
Jun 30, 2016249.00 245.00 253.00
May 31, 2016221.50 220.00 223.00
Apr 29, 2016206.50 205.00 208.00
Mar 31, 2016157.50 154.00 161.00
Feb 29, 2016144.00 140.00 148.00
Jan 29, 2016155.00 152.00 158.00
Dec 31, 2015137.50 135.00 140.00

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