Home ShipmanagementBunkering Prime’s Daily Market Report Nov 16, 2020

Prime’s Daily Market Report Nov 16, 2020

by admin

Prime’s Daily Market Report Nov 16, 2020

SOURCES: Phys. Suppliers, Reuters

CRUDE OIL FUTURES @ 15:33 WTI $ 41.71/bbl ↑1.58 Brent $ 44.23/bbl ↑1.45 Gasoil↑11.50
PORTS  (Del.costs) VLSFO (0.5%) RMG380 RME180 DMA LS Comments/Earl.del.
PIRAEUS (mtw) 355-360 294-299 n.a. 381-386 firm prices s.i.-avails
MALTA 335-340 310-315 n.a. 370-375
GIBRALTAR (mtd/mtw) 350-355 311-316 n.a. 387-392
ISTANBUL (mtw) 350-355 s.i. n.a. 395-400
NOVOROSSIYSK 320-325 280-285 n.a. 420-425
ROTTERDAM 328-333 275-280 n.a. 353-358
LAS PALMAS 350-355 312-317 n.a. 387-392
ST. PETERSBURG 312-317 250-255 n.a. 337-342
LOME anch 368-373 s.i. n.a. 435-440
ALGOA BAY 375-380 s.i. n.a. 495-500 firm prices s.i.-avails
DURBAN 380-385 n.a. s.i. 445-450
JEDDAH posted price (mtw) 355 316 s.i. 440
FUJAIRAH 370-375 s.i. n.a. 456-461
VISAG 382-387 s.i. n.a. 515-520
MUMBAI 378-383 s.i. n.a. 443-448
COLOMBO 390-395 s.i. n.a. 440-445
SINGAPORE 351-356 292-297 n.a. 362-367
HONG KONG 349-354 296-301 n.a. 357-362
SHANGHAI 363-368 322-327 n.a. 419-424
BUSAN 370-375 312-317 n.a. 397-402
KAOHSIUNG posted price 380 336 n.a. 420
MONTREAL* 419-424 357-362 n.a. 429-434
NEW ORLEANS* (mtw) 342-347 279-284 n.a. 395-400
HOUSTON* (mtw) 326-331 272-277 n.a. 383-388
NEW YORK* (mtw) 348-353 292-297 n.a. 381-386
LOS ANGELES* (mtd/mtw) 358-363 280-285 n.a. 432-437
PANAMA* (mtw) 340-345 300-305 n.a. 405-410
RIO DE JANEIRO* 351-356 n.a. n.a. 426-431
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

You may also like

Leave a Comment