According to the weekly outlook of Marine Bunker Exchange (MABUX) for bunker prices, fuel indexes demonstrate a firm downward trend.
The 380 HSFO index fell to US4,504.59/MT, the VLSFO index decreased to US$722.45/MT and the MGO index dropped to US$1,088.38/MT.
In the meantime, the Global Scrubber Spread (SS) – the price differential between 380 HSFO and VLSFO – continued its firm decline over week 47 – minus US$22.05, approaching US$200. In Rotterdam, SS Spread showed an even more significant...