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Bunker Global Free Directory

Bunker Global Open Directory News

2023-01-11

MABUX: Slight upward trend to continue in Global bunker market on Jan.11.

MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO) demonstrated insignificant irregular changes on Jan. 10:

380 HSFO - USD/MT – 454.17 (-1.27)

VLSFO - USD/MT – 651.81 (-0.48)

MGO - USD/MT – 1 005.77 (+3.57)

As of January 10, the MABUX MBP/DBP Index (MDI) (comparison of market bunker prices vs. the MABUX digital bunker price Benchmark) registered slight increase of underprice premium at all selected ports in the HSFO segment, transition of Singapore and Fujairah back to undercharge zone in the VLSFO segment, and undercharge premium further up while overcharge one down in the MGO LS segment.

We expect Global bunker indices continue to edge upwards on Jan.11: 380 HSFO – plus 1-4 USD/MT, VLSFO – plus 1-4 USD/MT, MGO LS – plus 3-20 USD/MT.

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