MABUX: Global bunker market to slow down growth rate on Feb.23
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO in the main world hubs) continued firm evolution upward on Feb.22: 380 HSFO – USD/MT – 601.48 (+11.12) VLSFO – USD/MT – 768.26 (+13.46) MGO – USD/MT – 883.74 (+12.06) The correlation of MABUX MBP Index (Market bunker price) vs MABUX DBP Index (MABUX digital bunker price benchmark) on February 22 showed that 380 HSFO fuel grade was overpriced in two out of four selected ports: Rotterdam: plus $8 (versus minus $1 the day ...
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