Capesize

13750

May-17
450.00 3.38%

Panamax

8300

May-17
-200.00 -2.35%

Iron Ore

61.5

May-17
-0.50 -0.81%

Sing 380

292.65

Jun-17

Coking Coal

177

May-17
1.00 0.57%

Nola Urea

172

May-17
3.00 1.78%

Fuel Oil Futures


What are bunkers futures?



Bunker futures are financial contracts, almost like an insurance that allow ship owners, charterers, suppliers and traders a means of protecting themselves against the inherent volatility in the bunker market.

They are a cash-settled contract with no physical delivery, where both the buyer and seller agree on a price, which is settled against a neutral index.

For hedgers the cash flow generated from the futures position is equal and opposite to the change in price of the underlying commodity.

Futures therefore allow producers, users and investors to manage the risk associated with volatile bunker prices.

Bunkers Market Indices