During Week 51, the MABUX global bunker indices began an upward trajectory, marking the first positive movement in the past five weeks. The 380 HSFO index rose by US$11.38 to US$520.06/MT. The VLSFO index, in turn, added US$28.79. The MGO index increased by US$34.44.
“At the time of writing, the upward trend in the market continued,” stated a MABUX official.
The Global Scrubber Spread (SS), which is the price difference between 380 HSFO and VLSFO, has entered the growth phase, with a plus...
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