MABUX: Downward changes may continue on Global bunker market on Jul. 15
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO in the main world hubs) demonstrated slight downward changes on Jul. 14: 380 HSFO – USD/MT – 635.73 (-6.95) VLSFO – USD/MT – 977.40 (-1.55) MGO – USD/MT – 1264.49 (-0.63) As of Jul.14, a correlation of MABUX MBP Index (Market Bunker Prices) vs MABUX DBP Index (Digital Bunker Prices Benchmark) in four largest global hubs showed that 380 HSFO fuel grade was undervalued in all selected ports: Rotterdam – by minus $101 (minus ...
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