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Fri 2 Apr 2010, 12:43 GMT

BIX price average up 3.2 percent in March


Average monthly global bunker price increases by $17.45 per tonne in March.

The average monthly Bunker Index (BIX) price rose by 3.2 percent during the month of March compared to the previous month, according to latest Bunker Index price data.

The BIX monthly average increased by $17.45 to $566.68 per tonne in March, up from $549.23 per tonne the previous month.

The average monthly bunker price has increased in eight of the last eleven months, with the largest percentage rise being recorded in June 2009, when the BIX jumped 15.5 percent, or $65.07, to $485.18 per tonne.

During this period, the average monthly global bunker price has only fallen in February 2010 (-3.3 percent), December 2009 (-1.2 percent) and July 2009 (-0.5 percent).

Please find a table below outlining average monthly Bunker Index prices between April 2009 and March 2010.

Month BIX Average +/- ($) +/- (%)
Mar 2010 566.68 +17.45 +3.2%
Feb 2010 549.23 -18.82 -3.3%
Jan 2010 568.05 +17.30 +3.1%
Dec 2009 550.75 -6.44 -1.2%
Nov 2009 557.19 +28.72 +5.4%
Oct 2009 528.47 +19.19 +3.8%
Sep 2009 509.28 +13.79 +2.6%
Aug 2009 523.07 +40.41+8.4%
Jul 2009 482.66 -2.52 -0.5%
Jun 2009 485.18 +65.07 +15.5%
May 2009 420.11 +37.73 +9.9%
Apr 2009 382.38



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