Bunker Global Open Directory News
2025-05-15MABUX: No clear trend expected in Global bunker market on May 15.
The MABUX World Bunker Index—a composite indicator tracking current prices for 380 HSFO, VLSFO, and MGO— continued trending higher on May 14 for the fourth consecutive day:
380 HSFO - USD/MT - 468.47 (+4.75)
VLSFO - USD/MT – 542.69 (+8.30)
MGO - USD/MT – 723.10 (+0.34)
As of May 14, the MABUX Market Differential Index (MDI), monitoring the correlation between market bunker prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP), recorded the following trends across key global ports: Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: Rotterdam and Singapore remained in the overcharge zone, though premiums narrowed further by $3 at both ports. Fujairah and Houston continued to show undercharge levels, with discounts increasing by $7 and $11, respectively. Rotterdam approached a 100% MBP-DBP correlation.
• VLSFO segment: Rotterdam shifted into the undercharge zone, joining Fujairah and Houston, with discounts increasing by $1, 6, and $7, respectively. Singapore was the only overpriced port, though the premium narrowed by $5. Rotterdam remained close to a 100% MBP-DBP correlation, while Houston neared the $100 discount mark.,
• MGO LS segment: Rotterdam was the only overcharged port, with the premium declining by $2. Singapore, Fujairah, and Houston were undercharged, with discounts widening further by $1, $4 and $11, respectively. Rotterdam’s MDI stayed near the 100% MBP-DBP correlation threshold.
We expect irregular price changes to prevail in the global bunker market on May 15,: 380 HSFO – minus 1-3 USD/MT, VLSFO - minus 1-3 USD/MT, MGO LS – plus 3-7 USD/MT.
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