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Tue 31 Jul 2012, 20:02 GMT

Confirmed: BIX bunker average up $10.62 in July


July increase represents the smallest price change in dollar and percentage terms since October 2011.

The average monthly Bunker Index (BIX) price rose by $10.62 per tonne, or 1.4 percent, in July compared to the previous month, according to Bunker Index price data.

The BIX global monthly average climbed to $785.57 per tonne this month, up from $774.95 per tonne in June. It is the second-lowest price since February 2011, when the global average climbed $62.34 to reach $729.08 per tonne. It is also only the second time that the BIX monthly price has remained below $800 per tonne in the last 17 months.

This month's increase of $10.62 also represents the smallest price change in dollar and percentage terms since October 2011.

In a comparison with previous years, July 2012 was $49.23 per tonne, or 5.9 percent, lower than the $834.80 average price recorded in July 2011 and $214.80 per tonne, or 37.6 percent, higher than the $570.77 per tonne figure seen in July 2010.

Please find a table below outlining average monthly Bunker Index prices between April 2009 and July 2012.

Month BIX Average +/- ($) +/- (%)
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%
Dec 2010 637.07 +20.86 +3.4%
Nov 2010 616.21 +16.06 +2.7%
Oct 2010 600.15 +27.50 +4.8%
Sep 2010 572.65 -7.99 -1.4%
Aug 2010 580.64 +9.87 +1.7%
Jul 2010 570.77 -4.84 -0.8%
Jun 2010 575.61 -15.48 -2.6%
May 2010 591.09 -0.58 -0.1%
Apr 2010 591.67 +24.99 +4.4%
Mar 2010 566.68 +17.45 +3.2%
Feb 2010 549.23 -18.82 -3.3%
Jan 2010 568.05 +17.30 +3.1%
Dec 2009 550.75 -6.44 -1.2%
Nov 2009 557.19 +28.72 +5.4%
Oct 2009 528.47 +19.19 +3.8%
Sep 2009 509.28 +13.79 +2.6%
Aug 2009 523.07 +40.41+8.4%
Jul 2009 482.66 -2.52 -0.5%
Jun 2009 485.18 +65.07 +15.5%
May 2009 420.11 +37.73 +9.9%
Apr 2009 382.38


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

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