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The average monthly price of 380 centistoke (cSt) intermediate fuel oil (IFO) in Singapore rose for the first time since October in March, according to Bunker Index price data.

The 380 cSt average at the world's leading bunker port increased by $19, or 12.0 percent, to $177 per tonne this month, up from $158 per tonne in February. It is the highest figure since December.

March saw Singapore's best-selling fuel grade record a $35 low-to-high differential, with a price range of $155 to $190 per tonne. The lowest price of $145 per tonne was seen on March 2 and 3, whilst the month's highest price of $190 per tonne was quoted on March 10.

The month ended with an assessment price of $179.00 per tonne, up $27.00, or 17.8 percent, on the $152.00 per tonne recorded on the last trading day of February.

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

http://www.bunkerindex.com/prices/portfreels_xmdo.php?port_id=682

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

Month	Average($/mt)	Low	High
Mar 16	177	155.00	190.00
Feb 16	158	145.00	180.00
Jan 16	161	143.00	188.00
Dec 15	180	154.00	219.00
Nov 15	227	212.00	250.00
Oct 15	238	224.00	260.00
Sep 15	237	220.00	262.00
Aug 15	246	203.00	272.00
Jul 15	306	278.00	339.00
Jun 15	357	330.00	385.00
May 15	375	358.00	398.00
Apr 15	339	310.00	368.00
Mar 15	324	300.00	358.00
Feb 15	351	295.00	377.00
Jan 15	283	265.00	318.00

Date	Price ($/mt)	Day's Low	Day's High
Mar 31, 2016	179.00	178.00	180.00
Feb 29, 2016	152.00	150.00	154.00
Jan 29, 2016	173.50	165.00	182.00
Dec 31, 2015	173.00	169.00	177.00