MABUX: Bunker market this morning, Mar.17, 2021
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO in the main world hubs) continued slight downward movement on Mar.16:
380 HSFO – USD/MT – 433.37 (-1.71)
VLSFO – USD/MT – 536.80 (-3.09)
MGO – USD/MT – 607.27 (-3.34)
As of March 16, a correlation of MBP Index (Market Bunker Prices) vs DBP Index (Digital Bunker Prices = MABUX Digital Benchmark) in four largest global hubs showed that 380 HSFO fuel remained undervalued in all selected ports ranging from minus $ 4 (Houston) to minus $ 24 (Rotterdam and Singapore). Two ports, according to DBP Index, showed an underestimation of VLSFO fuel: minus $ 13 in Rotterdam and minus $ 27 in Singapore. In Fujairah, MBP and DBP indices were correlated 100%. Houston recorded a VLSFO overvaluation by plus $ 26. MGO LS, according to DBP Index, remained undercharged in two selected ports: minus $ 41 in Rotterdam and minus $ 40 in Singapore. In Fujairah, DB
MABUX: Bunker market this morning, Mar 11, 2021 | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
MABUX: Bunker market this morning, Mar 09, 2021 | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.