MABUX: Firm upward evolution to continue in Global bunker market on Aug.29
MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO in the main world hubs) overturned to slight downward trend Aug. 26: 380 HSFO – USD/MT – 599.83 (-5.13) VLSFO – USD/MT – 857.57 (-4.39) MGO – USD/MT – 1 238.95 (0.00) As of August 26, the MABUX MBP/DBP Index (MDI) (comparison of market bunker prices vs. the MABUX digital bunker price benchmark) showed the return of the Port of Houston to the overcharge zone in the HSFO segment, a surge of overcharge premium ...
Read More »