Bunker indices show upward trend

The Marine Bunker Exchange (MABUX) global bunker indices are still on an upward trend as of the current week. The 380 HSFO index increased by US$10.4. In turn, the VLSFO index rose by US$3.4 and the MGO index gainded US$17.7.

“At the time of writing, the market was still on an uptrend,” stated a MABUX representative.

The Global Scrubber Spread (SS) – the price difference between 380 HSFO and VLSFO – continued to fall, dropping by US$7 from the previous week, reaching US$107. Additionally, the...

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