Price Movements reported by MABUX
380 HSFO: Decreased by $6.35 to USD 503.58/MT
VLSFO: Decreased by $8.39 to USD 659.24/MT
MGO: Decreased by $4.64 to USD 900.00/MT
MABUX MBP/DBP Index Trends
HSFO Segment
Rotterdam: Undercharged, widening underprice premium by $2
Singapore: Undercharged, narrowing underprice premium by $6
Fujairah: Undercharged, narrowing underprice premium by $6
Houston: Undercharged, narrowing underprice premium by $7
The Fujairah MDI Index fell below $100
VLSFO Segment
Singapore: Overcharged, increasing overprice ratio by $9
Fujairah: Overcharged, increasing overprice ratio by $1
Houston: Overcharged, increasing overprice ratio by $9
Rotterdam: Undercharged, narrowing underpriced premium by $1
MGO LS Segment
Houston: Overcharged, increasing overcharge margin by $9
Rotterdam: Undercharged, underpriced premiums fell by $26
Singapore: Undercharged, underpriced premiums fell by $31
Fujairah: Undercharged, underpriced premiums fell by $38
The underprice ratio in Rotterdam and Singapore fell below the $100 mark
Expected Global Bunker Indices Evolution
380 HSFO: Expected increase of 1-3 USD/MT
VLSFO: Expected increase of 1-4 USD/MT
MGO LS: Expected increase of 3-10 USD/MT
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Source: MABUX