MGO LS

MABUX: Bunker Weekly Outlook, Week 44, 2023

During Week 44, the MABUX global bunker indices exhibited erratic fluctuations with no clear sustained trends. The 380 HSFO index declined by $27.94, dropping from $562.50 USD/MT the previous week to $534.56 USD/MT.

The VLSFO index increased by $1.06, reaching $672.58 USD/MT compared to $671.52 USD/MT the previous week. The MGO index saw a significant decrease of $29.73, going from $986.93 USD/MT last week to $957.20 USD/MT. At the time of writing, market trends remain uncertain.

Global Scrubber...

https://mfame.guru/mabux-bunker-weekly-outlook-week-44-2023/

MABUX: Bunker Weekly Outlook, Week 42, 2023

Credits: Venti Views/ Unsplash

Over the Week 42, the MABUX global bunker indices turned into an upward trend, primarily driven by the escalating conflict in the Middle East. The 380 HSFO index rose by 1.17 USD: from 566.49 USD/MT last week to 567.66 USD/MT.

MABUX

The VLSFO index, in turn, added 10.08 USD (677.39 USD/MT versus 667.31 USD/MT last week). The MGO index increased by 14.73 USD (from 981.98 USD/MT last week to 996.71 USD/MT, being at the 1000 USD mark.) 

Credit: Mabux
Global Scrubber...

https://mfame.guru/mabux-bunker-weekly-outlook-week-42-2023/

MABUX: Upward trend to continue in Global bunker market on August 21

Credit: Shaah Shahidh/Unsplash

MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO) demonstrated upward evolution on Aug. 18.

Upward Evolution:

380 HSFO – USD/MT – 564.23 (+6.47)
VLSFO – USD/MT – 666.76 (+3.02)
MGO – USD/MT – 961.19 (+12.56)

As of Aug. 18, the MABUX MBP/DBP Index (MDI) (the correlation between market bunker prices (MBP) and the MABUX digital bunker price benchmark (DBP)), recorded the following changes in four selected ports: Rotterdam,...

https://mfame.guru/mabux-upward-trend-to-continue-in-global-bunker-market-on-august-21/