MABUX: Bunker Weekly Outlook – Week 27, 2023

278
Credits: Evangelos Mpikakis/Unsplash

As of Week 27, the global MABUX bunker indices turned into moderate growth. The 380 HSFO index rose by $16.03, reaching $499.05 USD/MT compared to $483.02 USD/MT last week, coming close to the $500 mark once again. The VLSFO index increased by $8.07, with a current value of $608.21 USD/MT compared to $600.14 USD/MT last week. The MGO index also saw a gain of $8.11, surpassing the $800 mark and reaching $803.44 USD/MT, up from $795.33 USD/MT last week. At the time of writing, the uptrend continued to prevail in the market.

Read the full report here. 

Did you subscribe to our newsletter?

It’s free! Click here to subscribe!

Source: Global Maritime Hub