Bunker Global Open Directory News

2025-05-06

MABUX: Downward movement continues in Global bunker market on May 06.

The MABUX World Bunker Index—a composite index reflecting current prices for 380 HSFO, VLSFO, and MGO— extended its decline on May 5, marking the fifth consecutive day of losses:

380 HSFO - USD/MT - 438.99 (-3.52)

VLSFO - USD/MT – 511.93 (-6.56)

MGO - USD/MT – 700.37 (-3.75)

As of May 05, 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 pricing trends across key global ports: Rotterdam, Singapore, Fujairah, and Houston:

• HSFO segment: Singapore remained the only overcharged port, although the premium narrowed by $9. Fujairah and Houston were underpriced, with discounts widening by $3 and $21, respectively. Rotterdam achieved a 100% correlation between MBP and DBP, while Singapore hovered near that benchmark.

• VLSFO segment: Rotterdam, Fujairah, and Houston were undercharged, with discounts increasing by $4, $4, and $26, respectively. Singapore’s MDI showed a full 100% correlation between MBP and DBP.

• MGO LS segment: Rotterdam shifted into the overcharge zone, with the premium rising by $3. Singapore and Fujairah remained underpriced, with discounts narrowing by $3 and $8, respectively. Houston, however, saw its undercharge margin widen by $25. Rotterdam stayed close to a 100% correlation.

We expect downward trend to prevail in the Global bunker market on May 06: 380 HSFO – minus 2-5 USD/MT, VLSFO - minus 3-6 USD/MT, MGO LS – minus 2-5 USD/MT.

www.mabux.com