Bunker Global Open Directory News2021-04-28
MABUX: bunker prices may rise on Apr.28.
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO in the main world hubs) demonstrated slight irregular changes on Apr.27:
As of April 27, a correlation of MBP Index (Market Bunker Prices) vs DBP Index (Digital Bunker Prices = MABUX Digital Benchmark) in four largest global hubs showed that 380 HSFO fuel remained undercharged in all four selected ports in a range from minus $3 (Fujairah) to minus $30 (Singapore).
According to DBP Index, VLSFO was underestimated in Rotterdam (minus $11), Singapore (minus $29) and Fujairah (minus $22). In Houston this fuel grade is still overcharged by plus $5.
As per DBP Index, MGO LS remained undervalued in all selected ports in a range from minus $3 (Houston) to minus $46 (Singapore).
We expect bunker prices may demonstrate upward changes today. Price for 380 HSFO may rise by 2-4 USD, price for VLSFO may increase by 4-6 USD, price for MGO may add 3-5 USD.www.mabux.com