OceanScore Pool-Price Index Market Commentary: April 2026<\/p>\n
Monthly OceanScore Pool-Price Index<\/p>\n
The OceanScore Pool-Price Index (OPX) for Compliance Balance 2025 continued its downward trend in April, reaching \u20ac196 per ton of CO<\/p>\n
e, marking a multi-month low.<\/p>\n
This development occurs in the final month in which 2025 surplus can be used for compliance, ahead of the pooling deadline on April 30, 2026.<\/p>\n
Continued Surplus Oversupply<\/p>\n
Current market conditions are characterised by a significant oversupply of compliance surplus.<\/p>\n
Available volumes in the market remain high, and it is increasingly evident that not all surplus will be absorbed within the current compliance period.<\/p>\n
Banking into Future Compliance Years<\/p>\n
Given current conditions, substantial volumes of surplus are expected to be banked into the 2026 compliance year and beyond.<\/p>\n
This is likely to further increase available supply in future periods and reinforce downward pressure on pricing.<\/p>\n
Implications for Market Dynamics<\/p>\n
If current trends continue:<\/p>\n
Banking surplus for future sale may become less attractive<\/p>\n
Finding buyers for surplus may become increasingly difficult<\/p>\n
Pricing pressure is expected to remain on the downside<\/p>\n
At present, the FuelEU pooling market can be characterised as a buyer-driven market.<\/p>\n
The combination of surplus oversupply and the transition into the next compliance cycle suggests that current dynamics may persist in the near term.<\/p>\n
OceanScore will continue to monitor OPX developments and FuelEU pooling activity closely and provide regular updates to support transparency in the market.<\/p>\n
hellenicshippingnews…<\/p>\n