Bunker Global Open Directory News
2025-08-21MABUX: Global bunker indices to start upward movement on Aug.21.
The MABUX World Bunker Index — a composite indicator tracking daily prices for 380 HSFO, VLSFO, and MGO — moved irregularly without a firm trend on Aug. 20:
380 HSFO: USD/MT 452.43 (-1.90)
VLSFO: USD/MT 538.30 (-1.64)
MGO: USD/MT 751.50 (+3.91)
As of Aug.20, the MABUX Market Differential Index (MDI) — which monitors the correlation between Market Bunker Prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP) — indicated underpricing across all bunker fuel segments in the key hubs of Rotterdam, Singapore, Fujairah, and Houston.
• HSFO segment: Underpricing margin narrowed by $3 in Rotterdam, $6 in Singapore, $4 in Fujairah, and $7 in Houston.
• VLSFO segment: The discount decreased by $4 in Rotterdam, $6 in Singapore, $5 in Fujairah, and $7 in Houston. Rotterdam’s MDI came close to achieving a 100-percent correlation between MBP and DBP.
• MGO LS segment: Rotterdam shifted back into the undercharge zone, making all four hubs underpriced. The undercharge margin rose by $11 in Rotterdam, $6 in Singapore, and $9 in Fujairah, while declining by $4 in Houston. Rotterdam’s MDI remained near a full correlation between MBP and DBP, while Fujairah stayed well above the $100 mark.
We expect Global bunker indices to resume an upward trend on Aug.21: 380 HSFO – plus 2 -5 USD/MT, VLSFO – plus 2-6 USD/MT, MGO LS – plus 3-7 USD/MT.
www.mabux.com