Bunker Global Open Directory News
2026-08-27MABUX: Global bunker market to extend downward trend on Aug. 27 amid anticipated progress in diplomatic efforts to reopen the Strait of Hormuz.
The MABUX World Bunker Index — a composite benchmark reflecting daily prices for 380 HSFO, VLSFO, and MGO – continued its downward trajectory on Aug. 26 for the third consecutive session:
380 HSFO: USD/MT: 616.35 (-12.82)
VLSFO: USD/MT: 769.05 (-11.15)
MGO: USD/MT: 1 343.56 (-16.24)
As of Aug. 26, the MABUX Market Differential Index (MDI), which tracks the spread between Market Bunker Prices (MBP) and the MABUX Digital Bunker Benchmark (DBP), showed the following trends across the four major global bunkering hubs—Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: Fujairah remained the only overcharged port, with its premium widening by another $15. The other three hubs stayed in the undercharge zone. MDI discounts narrowed by $2 in Rotterdam, $5 in Singapore and $4 in Houston. Houston's underpricing remained above the $100 mark, while Singapore moved closer to full correlation between MBP and DBP.
• VLSFO segment: Singaopore shifted into the overcharge zone, joining Fujairah, with premiums increasing by $14 and $22, respectively. Rotterdam and Houston were undercharged, with MDI narrowing further by $9 and $8, respectively.
• MGO LS segment: All four ports remained undercharged. MDI discounts increased by $8 in Rotterdam and $12 in Singapore, while decreasing by $2 in both Fujairah and Houston. Underpricing in Rotterdam and Singapore remained above the $100 mark.
MABUX expects the Global bunker market to extend its downward trend on Aug. 27, supported by expectations of further diplomatic progress toward reopening the Strait of Hormuz: 380 HSFO: minus 2-5 USD/MT, VLSFO: minus 2-5 USD/MT, MGO LS: minus 3–7 USD/MT.
www.mabux.com