Bunker Global Open Directory News
2025-05-07MABUX: Global bunker market to rebound on May 07.
The MABUX World Bunker Index—a composite index reflecting current prices for 380 HSFO, VLSFO, and MGO— continued its downward trend on May 06, marking the sixth consecutive day of decline:
380 HSFO - USD/MT - 438.88 (-0.11)
VLSFO - USD/MT – 506.90 (-5.03)
MGO - USD/MT – 696.25 (-4.12)
As of May 06, the MABUX Market Differential Index (MDI), which tracks the correlation between market bunker prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP), reflected the following pricing trends across key global ports: Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: Rotterdam entered the overcharge zone, joining Singapore, with premiums increasing by $5 and $13, respectively. Fujairah and Houston remained underpriced, though discounts narrowed by $2 at both ports. Rotterdam maintained near-100% correlation between MBP and DBP.
• VLSFO segment: Singapore moved into the overcharge zone, becoming the only overpriced port in this segment. Rotterdam, Fujairah, and Houston remained undervalued, with discounts narrowing by $8, $10, and $27, respectively. Fujairah approached a 100% MBP-DBP correlation.
• MGO LS segment: Rotterdam was the only overcharged port, with the premium rising by $8. Singapore, Fujairah, and Houston remained underpriced, with discounts narrowing further by $6, $10, and $3, respectively.
The global bunker market is expected to shift back to an upward trend on May 07 with projected price increases as follows: 380 HSFO – plus 3-8 USD/MT, VLSFO - plus 3-9 USD/MT, MGO LS – plus 5-10 USD/MT.
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