Digital Bunker Prices (DBP)
A Digital Bunker Market has been created parallel to the Market Indication, which is normally being used today. The Digital Bunker Prices are in line with Oil Future updates, giving fair and secure prices, without any influence from individuals.
MABUX advises that Digital Bunker Prices (DBP) to be - The New Benchmark - the base for market bunker prices since it fulfils the basic criteria for a fair and secure market pricing.
- A tool to make Bunker Price Mechanism more transparent: created from a much broader source of information
- Price adjustments to the Bunker Market’s volatility instantly
- Completely independent
- Free from price manipulations
- Unique tool to identify overcharge / undercharge prices
- Shows Bunker Price Real-Time trend updated every minute
Market Bunker Prices to support the Digital Bunker Prices for Digital start up mode.
Digital Bunker Prices (DBP): North Europe
Indicative prices in USD/Mton. Market indications retrieved 2021-01-23 20:52 CET; DBP prices updated continuously every minute.
Prices published are only indications and may therefore vary.
Marine Bunker Exchange takes no responsibility for any market decisions taken on the basis of such indications.