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Wed 6 Jul 2016, 10:26 GMT

Global bunker average up for fourth month


Average global monthly price rises to its highest level since November.

The global Bunker Index (BIX) monthly average rose for the fourth month in a row in June to its highest point since November 2015.

June's monthly average increased by $23.20, or 5.92 percent, compared to May, coming in at $415.24 against the previous month's average of $392.04 per tonne.

The BIX is the daily global average price for all the major grades of fuel (IFO 380, IFO 180, MDO and MGO). Every month, a dollar average for all the daily port assessment prices around the world is also calculated.

It is the first time since the spring of 2011 that gains have occurred in four consecutive months. Between October 2010 and April 2011, 7 month-on-month increases were recorded.

Please see the table below for a complete BIX monthly average history dating back to the autumn of 2010, when we last saw steady gains for as many consecutive months.

Month BIX Average +/- ($) +/- (%)
Jun 2016 415.24 +23.20 +5.9%
May 2016 392.04 +30.14 +8.3%
Apr 2016 361.90 +9.85 +2.8%
Mar 2016 352.05 +13.26 +3.9%
Feb 2016 338.79 -4.04 -1.2%
Jan 2016 342.83 -34.20 -9.1%
Dec 2015 377.03 -42.34 -10.1%
Nov 2015 419.37 -15.50 -3.6%
Oct 2015 434.87 -3.03 -0.7%
Sep 2015 437.90 -11.09 -2.5%
Aug 2015 448.99 -49.77 -10.0%
Jul 2015 498.76 -36.76 -6.9%
Jun 2015 535.52 -8.48 -1.6%
May 2015 544.00 +30.94 +6.0%
Apr 2015 513.06 +0.31 +0.06%
Mar 2015 512.75 -5.65 -1.1%
Feb 2015 518.40 +23.79 +4.8 %
Jan 2015 494.61 -65.54 -11.7 %
Dec 2014 560.15 -89.61 -13.8 %
Nov 2014 649.76 -50.57 -7.2 %
Oct 2014 700.33 -53.49 -7.1 %
Sep 2014 753.82 -15.61 -2.0 %
Aug 2014 769.43 -13.33 -1.7 %
Jul 2014 782.76 -11.05 -1.4 %
Jun 2014 793.81 +4.76 +0.6 %
May 2014 789.05 +0.09 +0.01 %
Apr 2014 788.96 -3.85 -0.5 %
Mar 2014 792.81 -0.82 -0.1 %
Feb 2014 793.63 +5.78 +0.7 %
Jan 2014 787.85 -5.72 -0.7 %
Dec 2013 793.57 +11.58 +1.5 %
Nov 2013 781.99 -9.31 -1.2 %
Oct 2013 791.30 -7.95 -1.0 %
Sep 2013 799.25 +2.96 +0.4%
Aug 2013 796.29 +5.44 +0.7%
Jul 2013 790.85 +4.29 +0.5%
Jun 2013 786.56 -0.05 -0.006%
May 2013 786.61 -4.64 -0.6%
Apr 2013 791.25 -25.71 -3.1%
Mar 2013 816.96 -27.77 -3.3%
Feb 2013 844.73 +21.31 +2.6%
Jan 2013 823.42 +19.38 +2.4%
Dec 2012 804.04 -6.05 -0.7%
Nov 2012 810.09 -23.85 -2.9%
Oct 2012 833.94 -19.14 -2.2%
Sep 2012 853.08 +20.09 +2.4%
Aug 2012 832.99 +47.42 +6.0%
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%


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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