MABUX: Bunker Prices Could Keep Rising Next Week
During Week 43, the MABUX global bunker indices showed a sustained upward trend. The 380 HSFO index rose by 10.56 USD: from 527.39 USD/MT last week to 537.95 USD/MT. The VLSFO index increased by 8.41 USD (615.37 USD/MT versus 606.96 USD/MT last week). The MGO index added 8.49 USD (from 761.39 USD/MT last week to 769.88 USD/MT). At the time of writing, the global bunker indices entered again a moderate downward correction. MABUX Global Scrubber Spread (SS) – the price difference between 380 HSFO and VLSFO – continued to decline, ...
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