Wed 4 Jan 2012, 13:24 GMT

Rotterdam 380-cst average down 3.4% in December


Average monthly 380-centistoke price hits 7-month low at Europe's leading bunker port.



The average price of 380-centistoke (cst) fuel oil in Rotterdam decreased by $22 per tonne, or 3.4 percent, during the month of December, according to Bunker Index price data.

The 380-cst average at Europe's leading bunker port fell to $617 per tonne last month, down from $639 per tonne in November. December's average is the lowest since May 2011, when the average monthly price was $615 per tonne.

In a comparison with previous years, Rotterdam's December 380-cst average is $134 per tonne higher than in December 2010, $177 per tonne above the monthly average recorded in December 2009 and $423 above the $194 per tonne recorded in December 2008.

Please find a table below outlining average monthly Rotterdam 380-cst prices between January 2009 and December 2011.

Month Average ($/mt) Low High
Dec 11 617 594.00 638.00
Nov 11 639 609.00 670.00
Oct 11 627 589.00 653.00
Sep 11 629 600.00 654.00
Aug 11 627 595.00 673.00
Jul 11 645 618.00 668.00
Jun 11 626 598.00 651.00
May 11 615 586.50 651.00
Apr 11 645 624.00 658.00
Mar 11 602 590.00 620.00
Feb 11 561 530.00 624.00
Jan 11 509 493.00 518.00
Dec 10 483 470.00 495.00
Nov 10 469 453.00 491.00
Oct 10 455 446.00 470.00
Sep 10 430 420.50 441.00
Aug 10 435 415.00 459.00
Jul 10 422 397.00 438.00
Jun 10 421 406.00 435.00
May 10 435 389.00 487.00
Apr 10 466 452.00 483.00
Mar 10 449 435.00 468.00
Feb 10 439 418.00 459.00
Jan 10 455 429.00 486.00
Dec 09 440 417.00 464.00
Nov 09 455 441.00 467.00
Oct 09 426 387.00 458.00
Sep 09 405 386.00 422.00
Aug 09 423 405.00 436.00
Jul 09 382 356.00 412.00
Jun 09 380 364.00 399.00
May 09 325 277.00 364.00
Apr 09 275 250.00 289.00
Mar 09 241 220.00 270.00
Feb 09 239 220.00 258.00
Jan 09 228 176.00 258.00


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