Page 97 - Annual Review 2021 full
P. 97
Annual Review 2021
9. WORLDWIDE BUNKER PRICE TRENDS
($/tonne)
Rotterdam Singapore Fujairah Houston
Average
380 cst MGO VLSFO 380 cst MGO VLSFO 380 cst MGO VLSFO 380 cst MGO VLSFO
2009 353.8 528.9 371.9 529.2 372.8 595.4 360.7
2010 450.2 682.7 464.1 668.9 468.2 716.5 449.3
2011 617.9 944.5 646.9 940.9 652.9 1022.1 625.7
2012 639.6 955.3 664.1 958.3 668.5 1037.5 646.6 1053.0
2013 594.8 903.8 615.9 927.3 616.8 1001.9 602.7 997.3
2014 532.1 816.6 559.7 856.7 561.8 960.4 545.5 935.1
2015 264.1 479.6 291.6 498.2 292.0 692.3 271.0 546.4
2016 213.1 383.4 232.8 401.6 233.2 491.3 209.3 430.0
2017 305.2 473.6 328.7 493.0 324.1 565.9 302.3 510.6
2018 399.9 614.2 432.2 641.1 429.8 714.7 400.5 648.7
2019 349.1 567.7 518.9 403.1 596.8 566.4 379.1 706.8 591.4 383.0 617.2 578.0
2020 246.7 365.4 328.0 269.4 388.5 371.1 256.7 479.1 374.3 257.6 389.5 342.0
2021* 353.5 491.2 448.8 371.0 502.9 478.6 365.9 568.5 483.3 347.4 450.7 527.7
2020 Mar 205.8 339.1 284.9 215.6 344.4 327.4 237.6 510.0 341.2 227.4 392.8 328.7
Apr 158.5 263.9 210.7 185.4 262.4 250.2 169.9 410.1 250.4 164.4 288.4 227.9
May 164.3 253.0 215.3 184.5 269.9 257.3 162.6 352.0 255.5 161.7 264.8 226.2
Jun 236.1 331.1 284.4 243.0 351.2 316.0 229.2 407.1 316.7 219.6 335.4 285.0
Jul 255.1 365.4 310.4 271.2 387.6 340.3 258.7 442.6 335.7 256.7 367.0 300.7
Aug 270.4 367.8 318.4 287.4 384.1 348.3 282.8 455.3 342.6 271.8 374.8 314.2
Sep 255.5 326.5 295.7 270.6 346.8 328.8 263.9 429.4 322.7 259.0 344.1 318.5
Oct 253.1 327.4 309.3 274.1 342.9 336.3 266.4 437.3 339.0 258.2 351.3 307.8
Nov 276.4 364.3 333.7 303.1 374.7 362.9 293.1 456.3 368.2 270.3 369.4 329.6
Dec 294.9 412.8 369.9 316.4 421.3 391.3 303.8 470.9 395.4 296.3 416.2 373.3
2021 Jan 323.6 450.6 407.3 340.3 459.8 438.4 334.7 513.9 440.9 316.4 478.2 409.3
Feb 361.4 507.6 466.3 379.8 521.4 500.6 369.6 582.5 501.4 352.9 538.4 456.8
Mar 352.9 525.6 483.1 400.6 538.3 506.9 401.1 622.8 518.4 380.8 496.4 578.8
* Year to start March.
Source: Clarkson Research Services - March 2021
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