Bunker Global Open Directory News
2026-02-17MABUX: Global bunker indices to resume upward trend on Feb. 17.
The MABUX World Bunker Index — a composite indicator reflecting daily prices for 380 HSFO, VLSFO, and MGO — showed mixed movements without a firm trend on Feb. 16:
380 HSFO: USD/MT 432.67 (+0.16)
VLSFO: USD/MT 520.59 (-0.26)
MGO: USD/MT 768.85 (-8.88)
As of Feb. 16, the MABUX Market Differential Index (MDI) — which monitors the correlation between Market Bunker Prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP) – indicated the following dynamics across the key global hubs of Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: Singapore and Fujairah were overcharged, with premiums widening by $2 in Singapore and narrowing by $1 in Fujairah. Rotterdam and Houston remained in the underpriced zone, with discounts narrowing by $2in Rotterdam and staying unchanged in Houston. Singapore’s MDI remained close to the 100% correlation level between MBP and DBP.
• VLSFO segment: All four ports continued to be undercharged. The discount values decreased by $3 in Rotterdam, increased by $3 in Singapore, remained unchanged in Fujairah, and rose by $2 in Houston. Houston’s MDI stayed close to full correlation between MBP and DBP.
• MGO LS segment: All ports were in the undercharge zone. The underpricing unchanged in Rotterdam and Fujairah, while increasing by $4 in Singapore and $1 in Houston. Fujairah’s MDI remained close to the 100-percent correlation mare.
We expect Global bunker indices to resume upward trend on Feb. 17: 380 HSFO – plus 2-5 USD/MT, VLSFO – plus 2-5 USD/MT, MGO LS – plus 3-5 USD/MT.
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