Home » Prime’s Daily Market Report Nov 18, 2020

Prime’s Daily Market Report Nov 18, 2020

by admin

Prime’s Daily Market Report Nov 18, 2020

SOURCES: Phys. Suppliers, Reuters

CRUDE OIL FUTURES @ 14:22 WTI $ 42.20/bbl ↑0.77 Brent $ 44.62/bbl ↑0.87 Gasoil ↑11.50
PORTS  (Del.costs) VLSFO (0.5%) RMG380 RME180 DMA LS Comments/Earl.del.  
PIRAEUS (mtw) 355-360 300-305 n.a. 380-385 firm prices s.i.-avails
MALTA 340-345 315-320 n.a. 375-380
GIBRALTAR (mtd/mtw) 350-355 310-315 n.a. 385-390
ISTANBUL (mtw) 360-365 s.i. n.a. 410-415
NOVOROSSIYSK 325-330 275-280 n.a. 400-405
ROTTERDAM 332-337 275-280 n.a. 360-365
LAS PALMAS 350-355 315-320 n.a. 385-390
ST. PETERSBURG 310-315 247-252 n.a. 340-345
LOME anch 372-377 s.i. n.a. 440-445
ALGOA BAY 385-390 s.i. n.a. s.i. firm prices s.i.-avails
DURBAN 402-407 n.a. s.i. s.i. tight avails
JEDDAH posted price (mtw) 355 316 s.i. 440
FUJAIRAH 369-374 s.i. n.a. 456-461 earl del Nov 22
VISAG 382-387 s.i. n.a. s.i.
MUMBAI 380-385 s.i. n.a. 453-458
COLOMBO 390-395 s.i. n.a. 440-445
SINGAPORE 355-360 305-310 n.a. 367-372
HONG KONG 351-356 304-309 n.a. 362-367
SHANGHAI 363-368 322-327 n.a. 422-427
BUSAN 365-370 323-328 n.a. 387-392
KAOHSIUNG posted price 377 331 n.a. 415
MONTREAL* 410-415 352-357 n.a. 420-425
NEW ORLEANS* (mtw) 344-349 275-280 n.a. 387-392
HOUSTON* (mtw) 335-340 267-372 n.a. 387-392
NEW YORK* (mtw) 354-359 290-295 n.a. 387-392
LOS ANGELES* (mtd/mtw) 353-358 283-288 n.a. 443-448
PANAMA* (mtw) 345-350 300-305 n.a. 405-410
RIO DE JANEIRO* 359-364 n.a. n.a. 425-430
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