Bunker Global Open Directory News
2025-05-14MABUX: Global bunker market to continue upward movement on May 14.
The MABUX World Bunker Index—a composite indicator tracking current prices for 380 HSFO, VLSFO, and MGO— continued its upward trajectory on May 13, marking the third consecutive day of gains:
380 HSFO - USD/MT - 463.72 (+4.86)
VLSFO - USD/MT – 534.39 (+5.29)
MGO - USD/MT – 722.76 (+6.59)
As of May 13, 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 trends across key global ports: Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: Rotterdam and Singapore were in the overcharge zone, though premiums narrowed by $4 and $5, respectively. Fujairah and Houston continued to show undercharge trends, with discounts increasing by $1 at both ports. Rotterdam remained close to a 100% MBP-DBP correlation.
• VLSFO segment: Rotterdam and Singapore remained in the overcharge zone, though premiums narrowed by $4 and $5, respectively. Fujairah and Houston continued to show undercharge trends, with discounts increasing by $1 at both ports. Rotterdam remained close to a 100% MBP-DBP correlation.
• MGO LS segment: Rotterdam was the only overcharged port, with the premium unchanged. Singapore, Fujairah, and Houston continued to be undercharged, with discounts widening by $7, $11 and $9, respectively. Rotterdam’s MDI remained near the 100% MBP-DBP correlation threshold.
The global bunker market is expected to maintain its steady upward momentum on May 14, with projected price increases as follows: 380 HSFO – plus 3-8 USD/MT, VLSFO - plus 3-8 USD/MT, MGO LS – plus 5-10 USD/MT.
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