East Of Suez Fuel Availability Outlook

Credits: Jens Rademacher/ Unsplash
  • Singapore’s fuel oil imports and exports both averaged 15% lower in December, with imports notably declining to a seven-month low.
  • Demand remains very healthy in Hong Kong, and lead times of around seven days are recommended for all grades.
  • VLSFO and LSMGO remain readily available in India’s Mumbai, with short lead times of 2-3 days.

Bunker demand for VLSFO has been average in Singapore coming off the New Year holidays, a source says. Recommended lead times...

https://mfame.guru/east-of-suez-fuel-availability-outlook/

Unpredictable Fluctuations In The Global Bunker Market

Irregular changes with no firm trend in Global bunker market on Oct 11, says a Mabux news source.

MABUX World Bunker Index

MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO) demonstrated firm uptrend on Oct.10:

380 HSFO – USD/MT – 531.54 (+9.52)
VLSFO – USD/MT – 826.51 (+11.63)
MGO – USD/MT – 1 232.46 (+34.98)

As of October 10, the MABUX MBP/DBP Index (MDI) (comparison of market bunker prices and the MABUX digital bunker price benchmark) registered a slight...

https://mfame.guru/unpredictable-fluctuations-in-the-global-bunker-market/