The Bunker Index (BIX) - the daily average global bunker price quoted in US$ per metric tonne - declined by $14.73 per tonne, or 2.9 percent, during the seven-day period between March 13 and March 20, according to Bunker Index price data.
The end-of-week global price was $499.26 per tonne on March 20 compared to $513.99 per tonne on March 13. It is the third successive week that the global bunker average has fallen.
Meanwhile, the worldwide 380 centistoke (cSt) average, the BIX 380, decreased by 3.3 percent in week 12 to $350.50 per tonne, down from $362.51 on March 13.
The BIX MGO - the global marine gas oil (MGO) average - fell by $16.12, or 2.3 percent, to $698.49 per tonne last week in comparison with the end-of-week price of $714.61 per tonne recorded on March 13.
Please find a summary of end-of-week BIX prices below (in US$ per tonne).
Bunker Index (BIX):
20/03 (Week 12) - 499.26 (-14.73, -2.9%)
13/03 (Week 11) - 513.99 (-11.94, -2.3%)
06/03 (Week 10) - 525.93 (-7.04, -1.3%)
27/02 (Week 9) - 532.97 (+2.15, +0.4%)
20/02 (Week 8) - 530.82 (+10.17, +2.0%)
13/02 (Week 7) - 520.65 (+11.24, +2.2%)
06/02 (Week 6) - 509.41 (+31.65, +6.6%)
30/01 (Week 5) - 477.76 (-5,69, -1.2%)
23/01 (Week 4) - 483.45 (-5.42, -1.1%)
16/01 (Week 3) - 488.87 (-17.54, -3.5%)
09/01 (Week 2) - 506.41 (+19.64, +3.7%)
02/01 (Week 1) - 526.05
Bunker Index 380 CST (BIX 380):
20/03 (Week 12) - 350.50 (-12.01, -3.3%)
13/03 (Week 11) - 362.51 (-10.67, -2.9%)
06/03 (Week 10) - 373.18 (-3.94, -1.0%)
27/02 (Week 9) - 377.12 (-0.14, -0.04%)
20/02 (Week 8) - 377.26 (+12.32, +3.4%)
13/02 (Week 7) - 364.94 (+17.14, +4.9%)
06/02 (Week 6) - 347.80 (+41.38, +13.5%)
30/01 (Week 5) - 306.42 (-1.74, -0.6%)
23/01 (Week 4) - 308.16 (-4,94, -1.6%)
16/01 (Week 3) - 313.10 (-16.24, -4.9)
09/01 (Week 2) - 329.34 (-27.83, -7.8%)
02/01 (Week 1) - 357.17
Bunker Index MGO (BIX MGO):
20/03 (Week 12) - 698.49 (-16.12, -2.3%)
13/03 (Week 11) - 714.61 (-15.61, -2.1%)
06/03 (Week 10) - 730.22 (-12.11, -1.6%)
27/02 (Week 9) - 742.33 (+5.57, +0.8%)
20/02 (Week 8) - 736.76 (+6.79, +0.9%)
13/02 (Week 7) - 729.97 (+3.00, +0.4%)
06/02 (Week 6) - 726.97 (+21.59, +3.1%)
30/01 (Week 5) - 705.38 (-12.62, -1.8%)
23/01 (Week 4) - 718.00 (-16.84, -2.3%)
16/01 (Week 3) - 734.84 (-14.82, -2.0%)
09/01 (Week 2) - 749.66 (-29.19, -3.7%)
02/01 (Week 1) - 778.85