Bunker Global Open Directory News
2025-01-10MABUX: Global bunker indices to resume upward movement on Jan.10.
MABUX World Bunker Index (as index calculated based on current prices for 380 HSFO, VLSFO and MGO), showed mixed, largely sideways changes on Jan.09:
380 HSFO - USD/MT - 521.14 (-0.01)
VLSFO - USD/MT – 603.51 (-1.28)
MGO - USD/MT – 771.77 (+0.64)
As of Jan.09, the MABUX Market Differential Index (MDI), which compares market bunker prices (MBP) with the MABUX Digital Bunker Price Benchmark (DBP), continued to show underpricing across all major bunker fuel types in key ports: Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: The underprice margin narrowed by $2 in Rotterdam, $6 in Singapore, $5 in Fujairah, and $7 in Houston.
• VLSFO segment: Undervaluation decreased by $5 in Rotterdam, $5 in Singapore, $13 in Fujairah, and $5 in Houston.
• MGO LS segment: The undercharge declined by $7 in Rotterdam, $4 in Singapore, $8 in Fujairah, and $3 in Houston. The MDI for Singapore and Fujairah dropped below the $100 mark.
We expect Global bunker indices to resume an upward trend on Jan.10: 380 HSFO – plus 1-3 USD/MT, VLSFO – plus 2-4 USD/MT, MGO LS – plus 3-8 USD/MT.
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