Irregular Fluctuations In Global Bunker Indices Forecasted To Persist In The Market

By
Mfame Editor
-
537

  • All four selected ports are in the undercharge zone.
  • Underprice premium widened by $5 in Rotterdam, $2 in Singapore, $4 in Fujairah, and $10 in Houston.
  • Fujairah returned to the undercharge zone, joining the other three ports.
  • The overcharge margin rose by $9 in Rotterdam, $7 in Singapore, $14 in Fujairah, and $7 in Houston.

On January 19, a modest upward movement was observed in the MABUX World Bunker Index, calculated using current prices for 380 HSFO, VLSFO, and MGO.

380 HSFO – USD/MT – 503.64 (+2.01)

VLSFO – USD/MT – 642.23 (+5.80)

MGO – USD/MT – 889.54 (+3.85)

HSFO Overpriced

As of Jan.19, the MABUX MBP/DBP Index (MDI), which monitors the correlation between market bunker prices (MBP) and the MABUX digital bunker price benchmark (DBP), has indicated the following trends across four selected ports: Rotterdam, Singapore, Fujairah, and Houston.

– HSFO segment: All four selected ports remained in the undercharge zone, with the underprice premium widening by $5 in Rotterdam, $2 in Singapore, $4 in Fujairah, and $10 in Houston.

VLSFO Overpriced

– VLSFO segment: Rotterdam and Houston were in the undercharge zone, with underprice ratio increasing by $ 6 in Rotterdam and $7 in Houston. Singapore and Fujairah continue to be overcharged, with the premium increasing by $3 in Singapore and $5 in Fujairah.

MGO LS Overpriced

– MGO LS segment: Fujairah has returned to the undercharge zone, joining the other three selected ports. The overcharge margin has risen by $9 in Rotterdam, $7 in Singapore, $14 in Fujairah, and $7 in Houston.

We do not expect a sustainable trend in the Global bunker market on Jan.22: 380 HSFO – minus 1-3 USD/MT, VLSFO – minus 2-4 USD/MT, MGO LS – plus-minus 3-8 USD/MT.

Did you subscribe to our daily newsletter?

It’s Free! Click here to Subscribe!

Source: MABUX

56 COMMENTS

  2. I savor, lead to I found just what I used to be having a look for. You have ended my four day lengthy hunt! God Bless you man. Have a great day. Bye

    Rybelsus

  3. Standard Price for VIP- membership for 1 Week VIP Membership is 0.0014 BTC, You will do send payment to BTC address 1KEY1iKrdLQCUMFMeK4FEZXiedDris7uGd
    Discounted price may be different from 0.00075 to 0.00138 BTC, that is why follow to all announces published in our Public channel!
    price prediction Binance

  5. Aviator Spribe казино играть безопасно
    Добро пожаловать в захватывающий мир авиаторов! Aviator – это увлекательная игра, которая позволит вам окунуться в атмосферу боевых действий на небе. Необычные графика и захватывающий сюжет сделают ваше путешествие по воздуху неповторимым.
    Aviator Spribe казино стратегия

  6. Aviator Spribe казино играть на евро
    Добро пожаловать в захватывающий мир авиаторов! Aviator – это увлекательная игра, которая позволит вам окунуться в атмосферу боевых действий на небе. Необычные графика и захватывающий сюжет сделают ваше путешествие по воздуху неповторимым.
    Aviator Spribe играть

« Older Comments

Comments are closed.