Bunker Global Open Directory News
2025-04-02MABUX: No sustainable trend expected in Global bunker market on Apr.02.
MABUX World Bunker Index (as index calculated based on current prices for 380 HSFO, VLSFO and MGO), showed an upward movement on Apr.01:
380 HSFO - USD/MT - 508.54 (+3.18)
VLSFO - USD/MT – 587.61 (+3.66)
MGO - USD/MT – 773.99 (+4.14)
As of Apr.01, the MABUX Market Differential Index (MDI), tracking the correlation between market bunker prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP), revealed the following trends across key ports: Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: All four selected ports were in the undercharge zone, with underpricing widening by $2 in Rotterdam, $5 in Singapore, $6 in Fujairah, and $6 in Houston. Rotterdam and Singapore maintained a near 100% correlation between MBP and DBP.
• VLSFO segment: Continued undercharging across all ports, with margins increasing by $4 in Rotterdam, $5 in Singapore, $5 in Fujairah, and $12 in Houston.
• MGO LS segment: Rotterdam was the only overcharged port in this bunker segment, with the premium dropping by $3. Singapore and Fujairah saw an increased discount of $11 and $16, respectively, while Houston's undercharge narrowed by $3. Fujairah’s MDI surpassed the $100 mark.
We expect Global bunker indices to fluctuate sideways with no sustainable trend on Apr.02: 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