mabux logo

Bunker Global Free Directory

Bunker Global Open Directory News


MABUX: No sustainable trend in Global bunker market on Nov.16.

MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO) turned into slight downward movement on Nov.15:

380 HSFO - USD/MT – 514.51 (-7.68)

VLSFO - USD/MT – 762.18 (-11.52)

MGO - USD/MT – 1 127.83 (-6.81)

As of November 15, the MABUX MBP/DBP Index (MDI) (comparison of market bunker prices vs. the MABUX digital bunker price benchmark) registered no sustainable trend of undercharge margins at all selected ports in the HSFO segment, Fujairah’s return into an overprice zone in the VLSFO segment, and undercharge premium up and overcharge one down in the MGO LS segment.

We expect global bunker indexes to continue changing sideways on Nov.16: 380 HSFO – plus 2-5 USD/MT, VLSFO – plus 3-88 USD/MT, MGO LS – plus-minus 3-25 USD/MT.