Downward Trend To Continue In Global Bunker Market On Aug.17

Credit: Shaah Shahidh/ unsplash

MABUX World Bunker Index Sees Fluctuations Across 380 HSFO, VLSFO, and MGO Categories on August 16th

380 HSFO – USD/MT – 560.55 (-7.06)

VLSFO – USD/MT – 665.45 (-5.05)

MGO – USD/MT – 947.94 (+4.38)

HSFO Segment Varied

As of Aug. 16, the MABUX MBP/DBP Index (MDI) (the correlation between market bunker prices (MBP) and the MABUX digital bunker price benchmark (DBP)), recorded the following alterations in four selected ports: Rotterdam, Singapore, Fujairah and Houston:

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Downward trend to continue in Global bunker market

Credit: jpsfa admin

On August 15th, the MABUX World Bunker Index, which is derived from the current prices of 380 HSFO, VLSFO, and MGO, showed a minor decline in its overall trend. The mabux source.

Aug 15 MDI Shifts in Selected Ports:

As of Aug. 15, the MABUX MBP/DBP Index (MDI) (the correlation between market bunker prices (MBP) and the MABUX digital bunker price benchmark (DBP)), recorded the following alterations in four selected ports: Rotterdam, Singapore, Fujairah and Houston

HSFO segment...

https://mfame.guru/downward-trend-to-continue-in-global-bunker-market/

Scrubbers – 380 HSFO Combination Attractive As Global Scrubber Spread Widens

The combination of scrubbers and 380 HSFO seems more attractive to the shipowners after the global scrubber spread (the price difference between 380 HSFOs and VLSFOs) widened this week, says an article published in container news.

Global bunker market trends

The global bunker market has shown signs of moderate growth over the past seven days, but there is still no firm ground for a sustained uptrend, according to the Marine Bunker Exchange (MABUX).

Challenges

There are also challenges in the form...

https://mfame.guru/scrubbers-380-hsfo-combination-attractive-as-global-scrubber-spread-widens/