Global Maritime Hub Logo
No Result
View All Result
  • Login
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Broker
    • Certification
    • Consultant
    • Industry Association
    • Institute & Think Tank
    • Legal Experts
    • Official Institution / Body
    • Port & Port Authority
    • Recruitment Specialist
    • Research & Market Data
    • Shipping Company
    • Industry Blog
    • Trade Media
    • Training & Education
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Broker
    • Certification
    • Consultant
    • Industry Association
    • Institute & Think Tank
    • Legal Experts
    • Official Institution / Body
    • Port & Port Authority
    • Recruitment Specialist
    • Research & Market Data
    • Shipping Company
    • Industry Blog
    • Trade Media
    • Training & Education
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Global Maritime Hub
No Result
View All Result
Home Bunker Fuel

Bunker Fuel Prices Outlook – week 42

Editor by Editor
4 years ago
Reading Time: 2 mins read
Share on FacebookShare on TwitterShare on Linkedin

On a Week 42, the MABUX World Bunker Index continued its firm upward trend. The 380 HSFO index rose by 8.88 USD : from 533.54 USD / MT to 542.42 USD / MT. The VLSFO index increased by 15.50 USD: from 632.43 USD / MT to 647.93 USD / MT, while the MGO index added 16.28 USD (the rise from 758.27 USD / MT to 774.55 USD / MT).

RELATED POSTS

MABUX-Index-W-24

Bunker fuel outlook, Week 24

7 hours ago
MABUX-Index-W-2

Bunker fuel outlook, Week 23

1 week ago
MABUX-Index-W-21

Bunker fuel outlook, Week 21

3 weeks ago

MABUX temporarily suspends publication of the MABUX ARA LNG Bunker Index as the LNG bunkering market has practically stalled due to falling demand caused by a sharp increase in gas prices in Europe.

We believe the gas crisis is temporary and expect LNG bunkering operations to resume by the end of this year. The publication of the MABUX ARA LNG Bunker Index will resume as soon as the LNG bunker market recovers.

The average weekly Global Scrubber Spread (SS) – the difference in price between 380 HSFO and VLSFO – increased during the week and amounted to $ 103.05 (versus $ 92.65 last week). Meantime and reached $100 mark. The average weekly SS Spread in Rotterdam also increased and now is above the $ 100 mark: $ 109.33 (against $ 98.17 last week, plus $ 11.16). The average SS Spread in Singapore, also rose but still remains a little below the psychological mark of $ 100: $ 96.00 versus $ 69.50 last week ( $ 26.50). More information is available in the Differentials section of www.mabux.com.

Correlation of MABUX MBP Index (Market Bunker Prices) vs MABUX DBP Index (MABUX Digital Benchmark) in the four global largest hubs over the past week showed that 380 HSFO fuel was overvalued in all selected ports (except of Houston), where the Index recorded an underpricing of $ 9 (vs. minus $ 14 a week earlier). In other ports, 380 HSFO was overcharged: in Rotterdam – plus $ 23, in Singapore – plus $ 33 and in Fujairah – plus $ 21.

VLSFO fuel grade, according to the MABUX MBP / DBP Index, was in the overvaluation zone in three of four selected ports: In Rotterdam by plus $10, in Singapore by plus $ 4, in Houston by plus $ 4. In Fujairah MABUX MBP Index for this fuel grade 100% correlates to DBP Index.

The MABUX MBP / DBP Index also recorded an undercharge of MGO LS fuel in all selected ports: minimum value in Houston (minus $ 1), maximum value in Rotterdam (minus $ 34).

Data from China’s General Administration of Customs, as reported by Reuters, shows show that China’s very low sulphur fuel oil (VLSFO) exports totalled 1.45 million tonnes in September, a 16% increase on the same period in 2020. September volumes were also up on the 1.59 million tonnes registered in August this year, while exports for the period January to September rose 39% on the year before to reach 14.66 million tonnes. The Customs data released today (20 October) also indicated that fuel oil imports under general trade were 515,165 tonnes. These volumes were supported by demand from some independent refiners for use as a feedstock to process into fuels due to stricter crude oil import quotas. Imports into bonded storage, which includes high and low sulphur fuel oil, totalled 611,495 tonnes in September.

Source: MABUX

Tags: bunker fuelGlobal Scrubber SpreadHSFOMABUXVLSFO
Editor

Editor

Related Posts

MABUX-Index-W-24
Bunker Fuel

Bunker fuel outlook, Week 24

7 hours ago
MABUX-Index-W-2
Bunker Fuel

Bunker fuel outlook, Week 23

1 week ago
MABUX-Index-W-21
Bunker Fuel

Bunker fuel outlook, Week 21

3 weeks ago
LNG-fueled-Container- Ships
Bunker Fuel

LNG-fueled Container Ships make up over half of the entire orderbook

4 weeks ago
MABUX-Index-W-20
Bunker Fuel

Bunker fuel outlook, Week 20

4 weeks ago
MABUX-Index-W-19
Bunker Fuel

Bunker fuel outlook, Week 19

1 month ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

Hapag-Lloyd

Hapag Lloyd crosses the 2.4 MTeu milestone

May 22, 2025
MABUX-Index-W-20

Bunker fuel outlook, Week 20

May 15, 2025
liner-trade

Europe-Far East remains by far the largest liner trade!

June 5, 2025

Recent Post

Panama-Canal

Neo Sub-Panamax Container Ships cross the Panama Canal in record numbers

June 5, 2025
liner-trade

Europe-Far East remains by far the largest liner trade!

June 5, 2025
MABUX-Index-W-2

Bunker fuel outlook, Week 23

June 5, 2025
LNG-series

ZCIS delivers first of LNG series to MSC

May 29, 2025
Average-operating- margin

Average operating margin falls to lowest level in a year

May 29, 2025
Hapag-Lloyd

Hapag Lloyd crosses the 2.4 MTeu milestone

May 22, 2025
Global-Maritime-Hub- Logo

Online platform for sharing information & analysis on trade, shipping, ports and the maritime business more info

Categories

  • Shipping Economic Trends & Regions
  • Ports & Terminals
  • Piracy & Security
  • Emissions, Fuel Technology & Environment
  • Economic Impact
  • Financing
  • Ship Building
  • Hinterland & Intermodal
  • Offshore Vessels
  • Port Environmental Impact
  • Shipping Workforce

Recent Posts

The 16,592 TEU methanol-enabled AXEL MAERSK was recently delivered to Maersk, completing a first series of twelve Equinox-I type mainline container ships!

Six public container carriers hit ‘large-cap’ valuation in May

US volumes test tonnage supply, uncertainty looms

Weekly Updates

Sign up to receive our weekly newsletter (each Thursday) with new shipping industry market reports, presentations & analysis.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 GlobalMaritimeHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Broker
    • Certification
    • Consultant
    • Industry Association
    • Institute & Think Tank
    • Legal Experts
    • Official Institution / Body
    • Port & Port Authority
    • Recruitment Specialist
    • Research & Market Data
    • Shipping Company
    • Industry Blog
    • Trade Media
    • Training & Education
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 GlobalMaritimeHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Brighten Up Your Thursday!

SIGN UP to receive our free weekly newsletter with new shipping market reports, presentations & analysis! EVERY THURSDAY!