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Bunker prices around the world have risen by over 5 percent since Christmas Eve, according to data taken from Bunker Index's average global bunker price.

An analysis of the Bunker Index (BIX) since December 24th shows that bunker prices have on average increased by $28.62 from $548.67 per tonne to $577.29 per tonne, representing a rise of 5.2 percent in just six days.

In total, the BIX has jumped $37.87 per tonne, or 7.0 percent, during a period of seven successive price increases since December 23rd.

05/01/2010 577.29 +6.30
04/01/2010 570.99 +4.63
31/12/2009 566.36 +3.65
30/12/2009 562.71 +7.24
29/12/2009 555.47 +4.60
28/12/2009 550.87 +2.20
24/12/2009 548.67 +9.25
23/12/2009 539.42 -5.62

During the same period, WTI Crude has risen 4.8 percent, or $3.72 per barrel, since Christmas Eve, 6.7 percent, or $5.10 per barrel , since December 23rd and 9.9 percent, or $7.37 per barrel, since the sequence of price rises began on December 22nd.

05/01/2010 81.77 +0.26
04/01/2010 81.51 +2.15
31/12/2009 79.36 +0.08
30/12/2009 79.28 +0.41
29/12/2009 78.87 +0.10
28/12/2009 78.77 +0.72
24/12/2009 78.05 +1.38
23/12/2009 76.67 +2.27
22/12/2009 74.40 +0.68
21/12/2009 73.72 -0.70

For a full summary of the Bunker Index (BIX), please click on the link below:

www.bunkerindex.com/prices/bix.php?priceindex_id=1