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The 380 centistoke (cSt) average at Europe's leading bunker port rose to its highest level in four months in March, according to Bunker Index price data.

The Rotterdam 380 cSt average rose by $16, or 11.2 percent, to $159 per tonne, up from $143 per tonne in February.

The $19 increase is the second-biggest since May 2015. It is also the first time since May 2015 that the 380 cSt has risen in two consecutive months.

During the month of March, Rotterdam's best-selling fuel grade recorded a $35 low-to-high price differential with a range of $140 to $175 per tonne. The low of $140 was recorded on March 3 and 4, whilst the month's high was seen on March 11.

In comparison with the corresponding month in 2015, the March 2016 average is $138 lower. It is $418 below the $577-per-tonne price seen in March 2014.

The month ended with an assessment price of $157.50 per tonne, up $13.50, or 9.4 percent, on the $144.00 per tonne recorded on the last trading day of February.

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

http://www.bunkerindex.com/prices/portfreels_xmdo.php?port_id=637

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

Month	Average ($/mt)	Low	High
Mar 16	159	140.00	175.00
Feb 16	143	124.00	160.00
Jan 16	124	105.00	158.00
Dec 15	154	133.00	195.00
Nov 15	203	185.00	232.00
Oct 15	226	206.00	249.00
Sep 15	225	208.00	254.00
Aug 15	236	191.00	263.00
Jul 15	292	264.00	328.00
Jun 15	329	314.00	348.00
May 15	344	318.00	366.00
Apr 15	316	285.00	345.00
Mar 15	297	271.00	325.00
Feb 15	306	258.00	335.00
Jan 15	244	231.00	277.00

Date	Price ($/mt)	Day's Low	Day's High
Mar 31, 2016	157.50	154.00	161.00
Feb 29, 2016	144.00	140.00	148.00
Jan 29, 2016	155.00	152.00	158.00
Dec 31, 2015	137.50	135.00	140.00