World News
Bunker Prices in Primary Ports End September at their Highest in Over a Year [ Graph ]
![Bunker Prices in Primary Ports End September at their Highest in Over a Year [ Graph ]](https://shipandbunker.cdn.speedyrails.net/a/img/_fl_8ea33846ff63ab493d8b2912e7edaf5b.v.625.jpg)
Bunker prices in the primary ports at the end of September were at their highest in over a year, according to Ship & Bunker data.
Ship & Bunker's Global 20 Ports Average for IFO380 bunkers, which tracks the average price on bunkers across 20 of the world's key bunkering ports, Friday rose $2 to $267.50/mt - the highest since August 17, 2015 when it was $270/mt.
Ship & Bunker's Global 4 Ports Average for IFO380 bunkers, which tracks the average price across Singapore, Houston, Rotterdam, and Fujairah, Friday hit a 19 month high, rising $1.50 to end the month at $260/mt - the highest since $261.50/mt on January 14, 2015.
As the above graph shows, however, bunker prices are still much lower than they have been in recent previous years.
Ship & Bunker's Global 20 Ports Average for IFO380 bunkers was $746.00/mt on March 14, 2012.
Ship & Bunker's Global 04 Ports Average for IFO380 bunkers was $734.50/mt on March 19, 2012.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.50 | 2.00 | 778.50 | 8.50 |
| Rotterdam | 602.00 | 0.50 | 748.00 | 6.00 |
| Houston | 624.00 | 5.00 | 792.00 | 3.50 |
| Fujairah | 649.50 | 2.00 | 898.00 | 3.00 |
| Global 20 Ports Average | 662.00 | 2.00 | 855.00 | 1.50 |
| Global 4 Ports Average | 631.00 | 1.00 | 804.00 | 0.50 |
| Global Average Bunker Price | 717.50 | 0.50 | 913.50 | 1.00 |
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