Bunker Global Open Directory News
2025-04-01MABUX: Global bunker indices to resume upward trend on Apr.01.
MABUX World Bunker Index (as index calculated based on current prices for 380 HSFO, VLSFO and MGO), moved sideways on Mar.31:
380 HSFO - USD/MT - 505.36 (+2.19)
VLSFO - USD/MT – 583.95 (-3.38)
MGO - USD/MT – 769.85 (-0.70)
As of Mar.31, the MABUX Market Differential Index (MDI), which monitors the correlation between market bunker prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP), showed the following trends across key ports: Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: All four selected ports were undercharged. Underpricing remained unchanged in Rotterdam but narrowed by $1 in Singapore, $3 in Fujairah, and $1 in Houston. Both Rotterdam and Singapore stayed close to a 100% correlation between MBP and DBP.
• VLSFO segment: All four selected ports continued to be undercharged, with margins decreasing by $2 in Rotterdam, $1 in Singapore, $4 in Fujairah, and $5 in Houston.
• MGO LS segment: Rotterdam remained the only overcharge port in this bunker segment, with the premium increasing by $8. The other three ports were undercharged, though the discount narrowed by $4 in Singapore, $5 in Fujairah, and $7 in Houston.
We expect Global bunker market to resume upward trend on Mar.31: 380 HSFO – plus 3-7 USD/MT, VLSFO – plus 5-8 USD/MT, MGO LS – plus 5-10 USD/MT.
www.mabux.com