204
Prime’s Daily Market Report Oct 27, 2020*
SOURCES: Phys. Suppliers, Reuters
| CRUDE OIL FUTURES @ 13:39 WTI $ 38.99/bbl ↑0.43 Brent $ 40.87/bbl ↑0.41 Gasoil↑5.75 | |||||||
| PORTS (Del.costs) | VLSFO (0.5%) | RMG380 | RME180 | DMA LS | Comments/Earl.del. | ||
| PIRAEUS (mtw) | 325-330 | 300-305 | n.a. | 345-350 | firm prices s.i.-avails | ||
| MALTA | 325-330 | 290-295 | n.a. | 357-362 | |||
| GIBRALTAR (mtd/mtw) | 320-325 | 292-297 | n.a. | 358-363 | |||
| ISTANBUL (mtw) | 325-330 | s.i. | n.a. | 370-375 | |||
| NOVOROSSIYSK | 285-290 | 265-270 | n.a. | 385-390 | |||
| ROTTERDAM | 302-307 | 255-260 | n.a. | 325-330 | mgo tight avails | ||
| LAS PALMAS | 327-332 | 293-298 | n.a. | 362-367 | |||
| ST. PETERSBURG | 304-309 | 245-250 | n.a. | 335-340 | |||
| LOME anch | 353-358 | s.i. | n.a. | 413-418 | |||
| ALGOA BAY | 365-370 | s.i. | n.a. | 490-495 | firm prices s.i.-avails | ||
| DURBAN | 360-365 | n.a. | s.i. | 455-460 | |||
| JEDDAH posted price (mtw) | 326.4 | 394.2 | s.i. | 422.2 | |||
| FUJAIRAH | 336-341 | s.i. | n.a. | 435-440 | |||
| VISAG | 364-369 | s.i. | n.a. | 420-425 | |||
| MUMBAI | 360-365 | s.i. | n.a. | 433-438 | |||
| COLOMBO | 375-380 | s.i. | n.a. | 440-445 | |||
| SINGAPORE | 326-331 | 274-279 | n.a. | 330-335 | |||
| HONG KONG | 304-309 | 277-282 | n.a. | 329-334 | |||
| SHANGHAI | 345-350 | 302-307 | n.a. | 402-407 | |||
| BUSAN | 330-335 | 307-312 | n.a. | 359-364 | |||
| KAOHSIUNG posted price | 347 | 295 | n.a. | 380 | |||
| MONTREAL* | 412-417 | 348-353 | n.a. | 409-414 | |||
| NEW ORLEANS* (mtw) | 315-320 | 280-285 | n.a. | 370-375 | |||
| HOUSTON* (mtw) | 305-310 | 264-269 | n.a. | 361-366 | |||
| NEW YORK* (mtw) | 335-340 | 266-271 | n.a. | 353-358 | |||
| LOS ANGELES* (mtd/mtw) | 347-352 | 268-273 | n.a. | 399-404 | |||
| PANAMA* (mtw) | 310-315 | 285-290 | n.a. | 370-375 | |||
| RIO DE JANEIRO* | 323-328 | n.a. | n.a. | 473-478 | |||
| 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 | |||||||
*Office closed Oct 28th to observe national holiday. Available on cellphones.
