Tue 1 May 2012, 11:02 GMT

April the second-least volatile month since Oct 2010


BIX data shows that price volatility was at its second-lowest for 18 months in April.



April 2012 was one of the least volatile months since October 2010, according to Bunker Index price data.

In a comparison of low-high differentials, April 2012 was the second-least volatile over the past eighteen months with a low-high differential of just $17.47 per tonne.

The lowest daily global bunker price last month was $882.87 per tonne on 23rd April, whilst the highest price was $900.34 per tonne on 4th April.

Please find below a table showing the intra-month price volatility of global bunker prices between January 2010 and April 2012.

All prices are in USD per metric tonne.

Month Low-High
Differential ($)
Low ($) High ($)
Apr-12 17.47 882.87 900.34
Mar-12 14.36 893.30 907.66
Feb-12 43.57 850.51 894.08
Jan-12 32.87 825.20 858.07
Dec-11 26.07 804.06 830.13
Nov-11 30.28 819.92 850.20
Oct-11 42.17 790.04 832.21
Sep-11 32.43 801.43 833.86
Aug-11 42.42 806.42 848.84
Jul-11 34.77 812.66 847.43
Jun-11 44.72 798.53 843.25
May-11 56.39 803.55 859.94
Apr-11 44.61 814.95 859.56
Mar-11 37.1 771.53 808.63
Feb-11 77.51 695.08 772.59
Jan-11 40.05 648.23 688.28
Dec-10 32.11 617.5 649.61
Nov-10 30.47 599.97 630.44
Oct-10 15.38 590.42 605.80
Sep-10 18.18 563.2 581.38
Aug-10 37.4 560.59 597.99
Jul-10 22.55 556.51 579.06
Jun-10 23.46 563.73 587.19
May-10 67.83 558.16 625.99
Apr-10 33.33 574.65 607.98
Mar-10 14.79 557.88 572.67
Feb-10 33.25 530.62 563.87
Jan-10 41.68 545.45 587.13




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