Fri 14 Dec 2012, 14:08 GMT

Singapore sales fall to nine-month low


Bunker sales will need to be above 4 million tonnes this month - a new record - in order to surpass last year's volume figure.



Bunker sales in Singapore fell to their lowest level in nine months in November, according to data released by the Maritime and Port Authority of Singapore (MPA).

Total sales at the world's leading bunker port declined last month by 232,800 tonnes, or 6.6 percent, to 3,275,600 tonnes, down from 3,508,400 tonnes in October.

November's volume figure is the lowest since February, when sales plummeted by 575,800 tonnes to 3,092,700 tonnes. It is also the second-lowest amount since April 2011. Also, significantly, bunker sales between September and November were 10,110,400 tonnes - the lowest rolling 3-monthly total since February-April 2011, when 10,038,000 tonnes were sold.

In comparison with the corresponding month last year, November volumes were down 339,800 tonnes, or 9.4 percent.

Accumulated sales for the year so far are 39,069,600 tonnes, which represents a fall of 280,100 tonnes on the 39,349,700 tonnes achieved during the first eleven months of 2011.

Please find below a table that shows how accumulated sales compared to 2011 fell to their lowest level of the year so far during the month of November. It means that bunker sales in December would need to be above 4,084,200 tonnes - a new record - in order to beat last year's total figure of 43,153,800 tonnes and continue Singapore's sequence of consecutive year-on-year volume increases.

Month Accum. Sales vs 2011
Jan 2012 26.1
Feb 2012 -150.0
Mar 2012 -61.9
Apr 2012 425.0
May 2012 788.8
Jun 2012 576.5
Jul 2012 598.8
Aug 2012 339.5
Sep 2012 97.5
Oct 2012 59.7
Nov 2012 -280.1


Sales of 380-centistoke (cst) - Singapore's largest-selling bunker grade - fell by 255.100 tonnes, or 9.3 percent, in November to 2,491,900 tonnes. It is the lowest figure since February 2012 and the second-lowest since February 2010. In comparison with the corresponding month last year, sales are down 308,800 tonnes, or 11 percent.

Meanwhile, 500-cst volumes climbed 17,600 tonnes, or 3.2 percent, to 566,700 tonnes. The result was also 29,100 tonnes higher than the 537,600 tonnes sold in November 2011. Below are tables of bunker sales in Singapore for each fuel grade in 2012 and 2011 with accumulated totals in the bottom row.

2012 Total 500cst 380cst 180cst MGO
Jan 3,668.5 406.3 3,019.0 115.3 113.3
Feb 3,092.7 407.2 2,436.9 112.3 128.7
Mar 3,608.8 486.9 2,885,4 106.1 126.4
Apr 3,735.4 515.3 2,982.6 103.5 129.9
May 3,985.7 591.5 3,144.6 117.50 128.4
Jun 3,646.9 553.6 2,883.3 85.6 123.4
Jul 3,665.2 503.5 2,924.4 110.0 114.7
Aug 3,556.0 568.1 2,756.7 107.9 120.1
Sep 3,326.4 535.9 2,570.1 87.7 118.1
Oct 3,508.4 549.1 2,747.0 92.7 114.2
Nov 3,275.6 566.7 2,491.9 92.3 118.6
Total 39,069.6 5,684.1 30,841.9 1,130.9 1,335.8


2011 Total 500cst 380cst 180cst MGO
Jan 3,642.4 480.3 2,841.2 171.0 134.0
Feb 3,268.8 438.7 2,544.2 151.8 111.7
Mar 3,520.7 472.9 2,747.8 146.5 134.9
Apr 3,248.5 425.4 2,541.5 132.2 118.9
May 3,621.9 475.7 2,873.7 130.6 123.2
Jun 3,859.2 515.2 3,031.9 141.1 143.4
Jul 3,642.9 476.6 2,883.7 135.2 127.8
Aug 3,815.3 470.2 3,050.4 133.6 149.3
Sep 3,568.4 468.1 2,836.8 132.0 125.6
Oct 3,546.2 385.3 2,867.1 131.9 145.1
Nov 3,615.4 537.6 2,800.7 124.2 126.8
Dec 3,804.1 431.8 3,103.1 110.9 128.9
Total 43,153.6 5,577.7 34,122.1 1,641.0 1,569.6


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