Bunker Global Open Directory News
2025-04-14MABUX: Global bunker indices to reverse and rise on Apr.14.
MABUX World Bunker Index (as index calculated based on current prices for 380 HSFO, VLSFO and MGO, demonstrated a slight decline on Apr.11:
380 HSFO - USD/MT - 452.74 (-1.55)
VLSFO - USD/MT – 528.87 (-4.49)
MGO - USD/MT – 711.96 (-4.60)
As of Apr.11, the MABUX Market Differential Index (MDI), monitoring the correlation between market bunker prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP), indicated the following trends across major ports: Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: Rotterdam and Singapore returned to the undercharge zone, with overpricing widening by $10 and $21, respectively. Fujairah and Houston remained undercharged, though underpricing narrowed by $17 in Fujairah and $9 in Houston.
• VLSFO segment: All ports remained undercharged, with discounts narrowing by $13 in Rotterdam, $14 in Singapore, $18 in Fujairah, and $12 in Houston. The MDI indexes for Rotterdam and Singapore neared a 100% correlation mark between MBP and DBP.
• MGO LS segment: Rotterdam remained the only overcharged port, though its premium fell by $21. The other three ports were undercharged, with the discount widening by $21 in Singapore and $16 in Fujairah, while narrowing by $16 in Houston.
We expect Global bunker indices to reverse direction and move upward on Apr.14: 380 HSFO – plus 3-6 USD/MT, VLSFO – plus 3-7 USD/MT, MGO LS –plus 1-4 USD/MT.
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