Bunker Global Open Directory News
2025-05-22MABUX: Global bunker indices to continue irregular changes with no steady trend on May 22.
The MABUX World Bunker Index—a composite indicator tracking current prices for 380 HSFO, VLSFO, and MGO— posted a slight upward movement on May 21:
380 HSFO - USD/MT - 467.95 (+1.12)
VLSFO - USD/MT – 540.04 (+0.35)
MGO - USD/MT – 721.54 (+1.61)
As of May 21, the MABUX Market Differential Index (MDI), monitoring the correlation between market bunker prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP), revealed the following trends across major global ports: Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: Rotterdam and Singapore remained in the overcharge zone, with premiums widening by $7 and $4, respectively. Fujairah and Houston continued to show undercharge trends, though the discounts narrowed by $3 and $6, respectively.
• VLSFO segment: Rotterdam returned to the overcharge zone, joining Singapore. The premium in Rotterdam increased by $4, while Singapore saw a decrease of $4. Fujairah and Houston were undercharged, with discounts narrowing by $1 and $5, respectively. The MDI for Rotterdam, Singapore, and Fujairah remained close to full MBP-DBP correlation.
• MGO LS segment: Rotterdam was the only port in the overcharge zone, with the premium rising by $5. Singapore, Fujairah, and Houston remained undercharged, with discounts narrowing by $3 in Singapore and $7 in Fujairah, while remaining unchanged in Houston.
We expect Global bunker indices to continue irregular changes with no steady trend on May 22: 380 HSFO – minus 1-3 USD/MT, VLSFO – minus 1-3 USD/MT, MGO LS – plus 0-3 USD/MT.
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