Capesize

17950

Sep-17
0.00 0.00%

Panamax

11175

Sep-17
225.00 2.05%

Iron Ore

76.5

Sep-17
0.85 1.12%

Sing 380

278.25

Oct-17

Coking Coal

208

Sep-17
0.00 0.00%

Nola Urea

212.5

Sep-17
0.00 0.00%

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