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Monday, March 8, 2021
Home The Weekly MABUX Bunker Index VLSFO price hits record low

VLSFO price hits record low

The cost of VLSFO bunkers in the four main bunkering hubs of Singapore, Fujairah, Rotterdam, and Houston has continued to fall, hitting a record low on Tuesday US$180/tonne, according to Ship & Bunker's Global 4 Ports (G4) index.

This is the lowest level of bunker costs since April 2019, when the G4 index for IFO380 was US$179/tonne.

The courtesy of MABUX

The current global level of VLSFO is US$230/tonne with the largest decline of US$22.5/tonne in Central America and the biggest gain of US$19.5/tonne in South Europe. The fuel gap range between 380HFO and VLSFO varies this week from US$20/tonne to US$25/tonne.

The courtesy of MABUX

The courtesy of MABUX

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