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

Prime’s Daily Market Report Nov 27, 2020

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A content-feeling Irene Notias after delivering her speech

Prime’s Daily Market Report Nov 27, 2020

SOURCES: Phys. Suppliers, Reuters    

CRUDE OIL FUTURES @ 13:50 WTI $ 45.28/bbl ↓0.43 Brent $ 48.10/bbl ↑0.30 Gasoil ↑1.25
PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del. 
PIRAEUS (mtw)395-400295-300n.a.415-420firm prices s.i.-avails
GIBRALTAR (mtd/mtw)380-385320-325n.a.415-420 
ISTANBUL (mtw)390-395s.i.n.a.435-440 
LAS PALMAS 380-385320-325n.a.425-430 
ST. PETERSBURG337-342267-372n.a.380-385 
LOME anch404-409s.i.n.a.470-475 
ALGOA BAY485-490s.i.n.a.s.i.firm prices s.i.-avails 
DURBAN455-460n.a.s.i.485-490tight avails 
JEDDAH posted price (mtw)375322s.i.450
FUJAIRAH383-388s.i.n.a.459-464earl del Dec 4
HONG KONG383-388330-335n.a.395-400 
KAOHSIUNG posted price395341n.a.440 
NEW ORLEANS* (mtw)375-380311-316n.a.430-435 
HOUSTON* (mtw)352-357290-295n.a.407-412 
NEW YORK* (mtw)374-379304-312n.a.409-414 
LOS ANGELES* (mtd/mtw)380-385291-296n.a.450-455 
PANAMA* (mtw)369-374317-322n.a.425-430 
RIO DE JANEIRO*382-387n.a.n.a.451-456  
REMARKSs.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

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