“Over the Week 30 MABUX global bunker indices continued firm downward trend,” said Sergey Ivanov, director of Marine Bunker Exchange (MABUX). The 380 HSFO index went down by another US$24.98 from US$638.88 /mt. The VLSFO index, in turn, fell by US$43.53 from US$960.39/mt. The MGO index also lost US$40.12 from US$1245.02/mt.
The Global Scrubber Spread (SS) weekly average – the difference in price between 380 HSFO and VLSFO – dropped sharply for the third week in a row – minus US$30.75 (vs....