Bunker Global Open Directory News
2025-06-03MABUX: Global bunker market poised for sustainable upward movement on Jun.03.
The MABUX World Bunker Index—a composite indicator tracking daily prices for 380 HSFO, VLSFO, and MGO— changed sideways with no clear trend on Jun.02:
380 HSFO - USD/MT - 461.47 (-0.54)
VLSFO - USD/MT – 535.02 (+1.17)
MGO - USD/MT – 713.56 (-1.53)
As of Jun.02, the MABUX Market Differential Index (MDI), which measures the correlation between market bunker prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP)—showed the following trends across major global ports: Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: Rotterdam and Singapore remained in the overcharge zone. The premium in Rotterdam widened by $1, while in Singapore it narrowed by $6. Fujairah and Houston continued to show undercharging, with discounts increasing by $6 in Fujairah and decreasing by $2 in Houston.
• VLSFO segment: Rotterdam was the only overcharged port, with the premium rising further by $2. The other three ports—Singapore, Fujairah, and Houston—continued to be undercharged, with discounts widening by $2, $5, and $2, respectively. The MDI in Rotterdam and Singapore indicated a near 100% correlation between MBP and DBP.
• MGO LS segment: Rotterdam was again the only port in the overcharge zone, with the premium increasing by $10. Meanwhile, Singapore, Fujairah, and Houston remained undercharged, with discounts narrowing by $10, $13, and $29, respectively.
We expect Global bunker market to shift toward a sustainable upward movement on Jun.03: 380 HSFO – plus 3-8 USD/MT, VLSFO – plus 3-8 USD/MT, MGO LS – plus 4-9 USD/MT.
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