Bunker Global Open Directory News

2023-01-16

MABUX: Sustainable upward trend to continue in Global bunker market on Jan.16.

MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO) demonstrated sustainable upward evolution on Jan. 13, the third day in a row:

380 HSFO - USD/MT – 467.53 (+5.17)

VLSFO - USD/MT – 679.13 (+9.11)

MGO - USD/MT – 1 035.83 (+11.03)

As of January 13, the MABUX MBP/DBP Index (MDI) (comparison of market bunker prices vs. the MABUX digital bunker price Benchmark) registered further widening of underpice premium in the HSFO segment, transition of Houston to overcharge zone in the VLSFO segment, overcharge premium at Fujairah further down while undercharge premium narrowed too at the other three ports in the MGO LS segment.

We expect sustainable upward trend to continue in Global bunker market on Jan.16: 380 HSFO – plus 3-6 USD/MT, VLSFO – plus 4-11 USD/MT, MGO LS – plus 3-12 USD/MT.

www.mabux.com