Global Bunker Indices Expected To Decline

Capt. John
Credit: Containership_Unsplash

The MABUX World Bunker Index, calculated based on current prices for 380 HSFO, VLSFO, and MGO, exhibited a lack of sustained direction and moved laterally on October 23.

380 HSFO – USD/MT – 575.24 (-1.31)

VLSFO – USD/MT – 688.31 (-0.37)

MGO – USD/MT – 1 005.00 (+7.79)

HSFO Overpriced

As of Oct. 23, the MABUX MBP/DBP Index (MDI) (the correlation between market bunker prices (MBP) and the MABUX digital bunker price benchmark (DBP)), recorded the undercharging in all fuel...

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