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Prime’s Daily Market Report Oct 23, 2020
SOURCES: Phys. Suppliers, Reuters
CRUDE OIL FUTURES @ 14:33 WTI $ 40.79/bbl ↑0.15 Brent $ 42.65/bbl ↑0.19 Gasoil↓0.50 | |||||||
PORTS (Del.costs) | VLSFO (0.5%) | RMG380 | RME180 | DMA LS | Comments/Earl.del. | ||
PIRAEUS (mtw) | 334-339 | 295-300 | n.a. | 356-361 | firm prices s.i.-avails | ||
MALTA | 310-315 | 290-295 | n.a. | 340-345 | |||
GIBRALTAR (mtd/mtw) | 333-338 | 295-300 | n.a. | 368-373 | |||
ISTANBUL (mtw) | 335-340 | s.i. | n.a. | 385-390 | |||
NOVOROSSIYSK | 290-295 | 270-275 | n.a. | 392-397 | |||
ROTTERDAM | 308-313 | 262-268 | n.a. | 325-330 | tight avails | ||
LAS PALMAS | 337-342 | 296-301 | n.a. | 369-374 | |||
ST. PETERSBURG | 300-305 | 255-260 | n.a. | 328-333 | |||
LOME anch | 350-355 | s.i. | n.a. | 410-415 | |||
ALGOA BAY | 370-375 | s.i. | n.a. | 495-500 | firm prices s.i.-avails | ||
DURBAN | 375-380 | n.a. | s.i. | 455-460 | |||
JEDDAH posted price (mtw) | 326.4 | 394.2 | s.i. | 422.2 | |||
FUJAIRAH | 341-346 | s.i. | n.a. | 435-440 | |||
VISAG | 362-367 | s.i. | n.a. | 515-520 | |||
MUMBAI | 359-364 | 315-320 | n.a. | 515-520 | |||
COLOMBO | 370-375 | s.i. | n.a. | 450-455 | |||
SINGAPORE | 337-341 | 286-291 | n.a. | 340-345 | |||
HONG KONG | 310-315 | 282-287 | n.a. | 330-335 | |||
SHANGHAI | 349-354 | 311-316 | n.a. | 417-422 | |||
BUSAN | 343-348 | 301-306 | n.a. | 368-374 | |||
KAOHSIUNG posted price | 352 | 390 | n.a. | 297 | |||
MONTREAL* | 412-417 | 348-353 | n.a. | 409-414 | |||
NEW ORLEANS* (mtw) | 310-315 | 277-382 | n.a. | 365-370 | |||
HOUSTON* (mtw) | 298-303 | 260-265 | n.a. | 355-360 | |||
NEW YORK* (mtw) | 328-333 | 260-265 | n.a. | 350-355 | |||
LOS ANGELES* (mtd/mtw) | 345-350 | 266-271 | n.a. | 395-400 | |||
PANAMA* (mtw) | 320-325 | 285-290 | n.a. | 370-375 | |||
RIO DE JANEIRO* | 333-338 | n.a. | n.a. | 411-416 | |||
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 |