380 HSFO – USD/MT – 530.05 (+5.16)
VLSFO – USD/MT – 663.21 (+3.16)
MGO – USD/MT – 914.88 (-3.35)
HSFO Pricing Shifts
As of Nov. 10, the MABUX MBP/DBP Index (MDI), which tracks the correlation between market bunker prices (MBP) and the MABUX digital bunker price benchmark (DBP), has recorded the following trends in four selected ports: Rotterdam, Singapore, Fujairah, and Houston.
– HSFO segment: All four selected ports continue to experience undercharging, with the underprice premium expanding by $3 in Rotterdam and $5 in Fujairah, while narrowing by $2 in Singapore and $7 in Houston.
VLSFO Pricing Shifts
– VLSFO segment: Singapore and Fujairah remained overcharged, with overprice margins increasing further by $8 in Singapore but decreasing by $7 in Fujairah. Rotterdam and Houston were in the underprice zone, with no change in the undercharge premium in both ports.
MGO LS Pricing Shifts
– MGO LS segment: Underpricing dynamics continued in all four ports. The undercharge ratio dropped by $18 in Rotterdam, $15 in Singapore and $23 in Fujairah, but rose by $18 in Houston.
We do not foresee a sustainable trend in Global bunker market on Nov. 13: 380 HSFO – plus 3-6 USD/MT, VLSFO – plus 3-6 USD/MT, MGO LS – plus-minus 5-12 USD/MT.
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