Bunker Global Open Directory News

2025-03-26

MABUX: No sustainable trend in Global bunker market on Mar.26.

MABUX World Bunker Index (as index calculated based on current prices for 380 HSFO, VLSFO and MGO), continued its upward trend on Mar.25 for the fourth consecutive day:

380 HSFO - USD/MT - 502.15 (+1.89)

VLSFO - USD/MT – 582.73 (+2.71)

MGO - USD/MT – 763.96 (+3.40)

As of Mar.25, the MABUX Market Differential Index (MDI), monitoring the correlation between market bunker prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP), registered the following trends across key ports: Rotterdam, Singapore, Fujairah, and Houston:

• HSFO segment: Rotterdam and Singapore stayed in the overcharge zone, with Rotterdam’s premium unchanged and Singapore’s narrowing by $9. Fujairah and Houston were undercharged, with the discount widening by $4 and $2, respectively. Rotterdam’s MDI remained close to a 100% correlation mark between MBP and DBP.

• VLSFO segment: All four selected ports were undercharged, with margins increasing by $4 in Rotterdam, $4 in Singapore, $1 in Fujairah, and $3 in Houston.

• MGO LS segment: All four selected ports continued to be undercharged, with the gap narrowing by $5 in Rotterdam, widening by $2 in Singapore, and remaining unchanged in Fujairah and Houston. Rotterdam’s MDI hovered near a 100% correlation mark between MBP and DBP.

We do not expect a clear trend in the Global bunker market on Mar.26: 380 HSFO – plus-minus 1-3 USD/MT, VLSFO – plus-minus 1-3 USD/MT, MGO LS – plus-minus 1-3 USD/MT.

www.mabux.com