Bunker Global Open Directory News
2025-05-12MABUX: Global bunker market to continue upward trend on May 12.
The MABUX World Bunker Index—a composite indicator tracking current prices for 380 HSFO, VLSFO, and MGO— showed an upward correction on May 09:
380 HSFO - USD/MT - 450.43 (+6.72)
VLSFO - USD/MT – 518.67 (+5.71)
MGO - USD/MT – 706.96 (+8.65)
As of May 09, the MABUX Market Differential Index (MDI), which monitors the correlation between market bunker prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP), registered the following trends across key global ports: Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: Rotterdam and Singapore remained overcharged, though premiums narrowed by $6 and $5, respectively. Fujairah and Houston continued to be undercharged, with discounts widening by $6 and $2, respectively. Rotterdam remained near full (100%) MBP-DBP correlation.
• VLSFO segment: Fujairah returned to the undercharge zone, aligning with Rotterdam and Houston. While Rotterdam’s discount remained unchanged, Fujairah and Houston saw wider discounts of $12 and $5, respectively. Singapore was the sole overcharged port, though its premium declined by $5. Fujairah remained close to a 100% MBP-DBP correlation.
• MGO LS segment: Rotterdam was the only port registering an overcharge, with the premium decreasing by $7. Singapore, Fujairah, and Houston remained undercharged, with widening discounts of $6, $9, and $5, respectively. Rotterdam’s MDI stayed close to a to a 100% MBP-DBP correlation mark.
The global bunker market is expected to continue its upward trajectory on May 12, with projected increases as follows: 380 HSFO – plus 3-5 USD/MT, VLSFO - plus 3-6 USD/MT, MGO LS – plus 3-5 USD/MT.
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