Bunker Global Open Directory News
2023-01-25MABUX: Global bunker indices to turn into downward correction on Jan.25.
MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO) continued uptrend on Jan. 24:
380 HSFO - USD/MT – 495.83 (+1.76)
VLSFO - USD/MT – 724.49 (+5.48)
MGO - USD/MT – 1 084.58 (+12.62)
As of January 24, the MABUX MBP/DBP Index (MDI) (comparison of market bunker prices vs. the MABUX digital bunker price Benchmark) registered no sustainable trend in
underprice premium’s dynamics in the HSFO segment, steady underprice/overprice ratio in the VLSFO segment, and Fujairah’s overprice premium down while underprice margins up in other three ports in the MGO LS segment.
We expect Global bunker indices turn into correction down on Jan.25: 380 HSFO – minus 3-8 USD/MT, VLSFO – minus 4-11 USD/MT, MGO LS – minus 5-20 USD/MT.
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