MABUX: Global bunker prices to continue downward trend on Apr.08
MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO in the main world hubs) continued firm downward movement on April 07: 380 HSFO – USD/MT – 702.87 (-15.95) VLSFO – USD/MT – 923.63 (-22.94) MGO – USD/MT – 1 135.70 (-23.56) The correlation of MABUX MBP Index (market bunker prices) vs MABUX DBP Index (MABUX digital bunker price benchmark) on April 07 showed that 380 HSFO fuel grade remained overpriced in all four major ports: Rotterdam – plus $90 (plus $78 a day ...
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