Home ShipmanagementBunkering Prime’s Daily Market Report Oct 27, 2020

Prime’s Daily Market Report Oct 27, 2020

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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 Gasoil5.75
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.

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