Bunker Global Open Directory News
2025-04-15MABUX: Slight upward trend to continue in Global bunker marker on Apr.15.
MABUX World Bunker Index (as index calculated based on current prices for 380 HSFO, VLSFO and MGO, showed a sustainable upward trend on Apr.14:
380 HSFO - USD/MT - 461.04 (+8.30)
VLSFO - USD/MT – 536.82 (+7.95)
MGO - USD/MT – 721.98 (+10.02)
As of Apr.14, the MABUX Market Differential Index (MDI), which tracks the correlation between market bunker prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP), revealed the following trends across major ports: Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: Rotterdam and Singapore remained in the overcharge zone, with overpricing narrowing by $1 at both ports. Fujairah and Houston were undercharged, though underpricing narrowed by $1 in Fujairah but widened by $1 in Houston. Rotterdam’s MDI approached a 100% correlation mark between MBP and DBP.
• VLSFO segment: All ports remained undercharged, with discounts rising by $3 in Rotterdam, Singapore, and Fujairah, but dropping by $7 in Houston. The MDI index for Singapore neared a 100% correlation mark.
• MGO LS segment: Rotterdam continued to be the only overcharged port, while its premium increased by $10. The other three ports stayed undercharged, though the discount narrowed by $20 in Singapore, $4 in Fujairah, and $11 in Houston.
Slight upward trend to continue in the global bunker market on Apr.15: 380 HSFO – plus 0-3 USD/MT, VLSFO – plus 0-3 USD/MT, MGO LS –plus 3-6 USD/MT.
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