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Home ShipmanagementBunkering Prime’s Daily Market Report – Oct. 15, 2020

Prime’s Daily Market Report – Oct. 15, 2020

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Prime’s Daily Market Report – Oct. 15, 2020

SOURCES: Phys. Suppliers, Reuters

CRUDE OIL FUTURES @ 14:09 WTI $ 40.13/bbl ↓0.91 Brent $ 42.47/bbl ↓0.85 Gasoil↓3.00
PORTS  (Del.costs) VLSFO (0.5%) RMG380 RME180 DMA LS Comments/Earl.del.  
PIRAEUS (mtw) 345-350 290-295 n.a. 379-384 firm prices s.i.-avails
MALTA 330-335 290-295 n.a. 365-370
GIBRALTAR (mtd/mtw) 340-345 290-295 n.a. 375-380
ISTANBUL (mtw) 345-350 s.i. n.a. 395-400
NOVOROSSIYSK 300-305 280-285 n.a. 400-405
ROTTERDAM 315-320 255-260 n.a. 340-345
LAS PALMAS 340-345 300-305 n.a. 375-380
ST. PETERSBURG 300-305 243-248 n.a. 334-339
LOME anch 368-373 s.i. n.a. 428-433
ALGOA BAY 379-384 s.i. n.a. 493-498 firm prices s.i.-avails
DURBAN 375-380 n.a. s.i. 475-480
JEDDAH posted price (mtw) 323 279.2 s.i. 421.6
FUJAIRAH 345-350 273-278 n.a. 451-456 earl. del. Oct 19
VISAG s.i. s.i. n.a. s.i.
MUMBAI 368-373 309-314 n.a. 515-520
COLOMBO 365-370 s.i. n.a. 445-450
SINGAPORE 348-353 281-286 n.a. 354-359
HONG KONG 323-328 290-295 n.a. 345-350
SHANGHAI 353-358 309-314 n.a. 412-417
BUSAN 355-360 305-310 n.a. 377-382
KAOHSIUNG posted price 363 308 n.a. 400
MONTREAL* 400-405 331-336 n.a. 412-417
NEW ORLEANS* (mtw) 324-329 292-297 n.a. 370-375
HOUSTON* (mtw) 309-314 262-267 n.a. 369-374
NEW YORK* (mtw) 335-340 269-274 n.a. 358-363
LOS ANGELES* (mtd/mtw) 351-356 263-268 n.a. 390-395
PANAMA* (mtw) 329-334 295-300 n.a. 385-390
RIO DE JANEIRO* 340-345 n.a. n.a. 410-415
REMARKS s.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails     
VLSFO, DMA & DMB prices, where avail, will be subj to inquiry        
Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.  
* Due to time zone difference or holiday, prices for these ports are yesterday’s closing * 
+ Prompt deliveries (before the earliest dates) may be possible but at high premiums
+ Movements in prices are basis the respective port’s product & barge availability besides crude levels.  
+ Since no one is a fortune teller there are no indicative prices for future delivery dates.     
+ All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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