Tue 31 Jul 2012, 18:31 GMT

Rotterdam: Second sub-$600 average since Feb 2011


380-cst average rises 5 percent but remains below $600 per tonne for only the second time in 17 months.



The average price of 380-centistoke (cst) fuel oil in Rotterdam increased by $28 per tonne, or 5 percent, during the month of July, according to Bunker Index price data.

The 380-cst average at Europe's leading bunker port rose to $590 per tonne this month, up from $562 per tonne in June. It is the second-lowest monthly average of the year so far and only the second sub-$600 per tonne price since February 2011.

Please find a table below outlining average monthly Rotterdam 380-cst prices between April 2008 and July 2012.

Month Average ($/mt) Low High
Jul 12 590 558.00 621.00
Jun 12 562 537.00 587.00
May 12 636 603.00 699.00
Apr 12 690 677.00 709.00
Mar 12 706 696.00 718.00
Feb 12 689 665.00 710.00
Jan 12 669 634.00 692.00
Dec 11 617 594.00 638.00
Nov 11 639 609.00 670.00
Oct 11 627 589.00 653.00
Sep 11 629 600.00 654.00
Aug 11 627 595.00 673.00
Jul 11 645 618.00 668.00
Jun 11 626 598.00 651.00
May 11 615 586.50 651.00
Apr 11 645 624.00 658.00
Mar 11 602 590.00 620.00
Feb 11 561 530.00 624.00
Jan 11 509 493.00 518.00
Dec 10 483 470.00 495.00
Nov 10 469 453.00 491.00
Oct 10 455 446.00 470.00
Sep 10 430 420.50 441.00
Aug 10 435 415.00 459.00
Jul 10 422 397.00 438.00
Jun 10 421 406.00 435.00
May 10 435 389.00 487.00
Apr 10 466 452.00 483.00
Mar 10 449 435.00 468.00
Feb 10 439 418.00 459.00
Jan 10 455 429.00 486.00
Dec 09 440 417.00 464.00
Nov 09 455 441.00 467.00
Oct 09 426 387.00 458.00
Sep 09 405 386.00 422.00
Aug 09 423 405.00 436.00
Jul 09 382 356.00 412.00
Jun 09 380 364.00 399.00
May 09 325 277.00 364.00
Apr 09 275 250.00 289.00
Mar 09 241 220.00 270.00
Feb 09 239 220.00 258.00
Jan 09 228 176.00 258.00
Dec 08 194 158.00 225.00
Nov 08 221 193.00 262.00
Oct 08 384 245.00 562.00
Sep 08 549 474.00 645.00
Aug 08 622 570.00 672.00
Jul 08 679 626.00 733.00
Jun 08 596 532.00 658.00
May 08 539 493.00 589.00
Apr 08 498 465.00 511.00


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