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MABUX: Global bunker indices to change sideways on Nov.11.

MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO) changed irregular with no firm trend on Nov.10:

380 HSFO - USD/MT – 509.90 (+2.13)

VLSFO - USD/MT – 769.26 (-9.03)

MGO - USD/MT – 1 144.62 (-15.93)

As of November 10, the MABUX MBP/DBP Index (MDI) (comparison of market bunker prices vs. the MABUX digital bunker price benchmark) recorded a further reduction of undercharge margins in the HSFO segment, Fujairah moving into an overprice zone in the VLSFO segment, as well as undercharge premium further down and overcharge further up in the MGO LS segment.

We do not expect any firm trend in Global bunker market on Nov.11: 380 HSFO – plus 1-4 USD/MT, VLSFO – plus 3-7 USD/MT, MGO LS – minus 10-25 USD/MT.