Bunker Global Open Directory News

2023-01-20

MABUX: Irregular changes to continue in Global bunker market on Jan.20 while slight uptrend will prevail.

MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO) still did not have any sustainable trend on Jan. 19, the third day in a row:

380 HSFO - USD/MT – 478.29 (-3.59)

VLSFO - USD/MT – 696.82 (-2.35)

MGO - USD/MT – 1 041.01 (+2.36)

As of January 19, the MABUX MBP/DBP Index (MDI) (comparison of market bunker prices vs. the MABUX digital bunker price Benchmark) registered insignificant changes of underprice premium in the HSFO segment, transition the third selected port – Fujairah – into overcharge zone in the VLSFO segment, overcharge premium at Fujairah further down and underprice ratio up at three other selected ports in the MGO LS segment.

We expect Global bunker indices to continue irregular changes on Jan.20 while slight uptrend will prevail: 380 HSFO – plus 1-5 USD/MT, VLSFO – plus 3-8 USD/MT, MGO LS – plus-minus 10-25 USD/MT.

www.mabux.com