Home » Prime’s Daily Market Report Nov 19, 2020

Prime’s Daily Market Report Nov 19, 2020

by admin

Prime’s Daily Market Report Nov 19, 2020

SOURCES: Phys. Suppliers, Reuters

CRUDE OIL FUTURES @ 14:20 WTI $ 41.37/bbl ↓0.45 Brent $ 44.12/bbl ↓0.22 Gasoil ↓1.75
PORTS  (Del.costs) VLSFO (0.5%) RMG380 RME180 DMA LS Comments/Earl.del.  
PIRAEUS (mtw) 362-367 303-308 n.a. 385-390 firm prices s.i.-avails
MALTA 345-350 320-325 n.a. 380-385
GIBRALTAR (mtd/mtw) 350-355 310-315 n.a. 388-393
ISTANBUL (mtw) 360-365 s.i. n.a. 410-415
NOVOROSSIYSK 325-330 280-285 n.a. 405-410
ROTTERDAM 328-333 275-280 n.a. 355-360
LAS PALMAS 350-355 315-320 n.a. 388-393
ST. PETERSBURG 315-320 253-258 n.a. 351-356
LOME anch 372-377 s.i. n.a. 440-445
ALGOA BAY 445-450 s.i. n.a. s.i. firm prices s.i.-avails
DURBAN 415-420 n.a. s.i. s.i. tight avails earl del Dec 1
JEDDAH posted price (mtw) 355 316 s.i. 440
FUJAIRAH 360-365 s.i. n.a. 455-460 earl del Nov 23
VISAG s.i. s.i. n.a. s.i.
MUMBAI 383-388 s.i. n.a. 458-463
COLOMBO 390-395 s.i. n.a. 440-445
SINGAPORE 355-360 305-310 n.a. 370-375
HONG KONG 355-360 306-311 n.a. 358-363
SHANGHAI 363-368 323-328 n.a. 422-427
BUSAN 367-372 325-330 n.a. 390-395
KAOHSIUNG posted price 380 331 n.a. 420
MONTREAL* 410-415 352-357 n.a. 420-425
NEW ORLEANS* (mtw) 344-349 275-280 n.a. 387-392
HOUSTON* (mtw) 330-335 264-269 n.a. 385-390
NEW YORK* (mtw) 354-359 289-294 n.a. 385-390
LOS ANGELES* (mtd/mtw) 350-355 283-288 n.a. 443-448
PANAMA* (mtw) 342-347 299-304 n.a. 400-405
RIO DE JANEIRO* 364-369 n.a. n.a. 427-432
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