PRIME’S DAILY MARKET REPORT DEC 14, 2020
SOURCES: Phys. Suppliers, Reuters
| CRUDE OIL FUTURES @ 13:46 WTI $ 47.06/bbl ↑0.49 Brent $ 50.53/bbl ↑0.56 Gasoil ↑5.00 | |||||||
| PORTS (Del.costs) | VLSFO (0.5%) | RMG380 | RME180 | DMA LS | Comments/Earl.del. | ||
| PIRAEUS (mtw) | 420-425 | 315-320 | n.a. | 445-450 | firm prices s.i.-avails | ||
| MALTA | 395-400 | 350-355 | n.a. | 445-450 | |||
| GIBRALTAR (mtd/mtw) | 395-400 | 334-339 | n.a. | 450-455 | |||
| ISTANBUL (mtw) | 420-425 | s.i. | n.a. | 465-470 | |||
| NOVOROSSIYSK | 395-400 | 320-325 | n.a. | 455-450 | |||
| ROTTERDAM | 372-377 | s.i. | n.a. | 415-420 | |||
| LAS PALMAS | 395-400 | 335-340 | n.a. | 450-455 | |||
| ST. PETERSBURG | 360-365 | 272-277 | n.a. | 415-420 | |||
| LOME anch | 432-437 | s.i. | n.a. | 487-492 | |||
| ALGOA BAY | 465-470 | s.i. | n.a. | 575-580 | firm prices s.i.-avails | ||
| DURBAN | s.i. | n.a. | s.i. | s.i. | very tight avails | ||
| JEDDAH posted price (mtw) | 383 | 319 | s.i. | 453 | |||
| FUJAIRAH | 396-401 | s.i. | n.a. | 495-500 | earl del Dec 18 | ||
| VISAG | 422-427 | s.i. | n.a. | 485-490 | |||
| MUMBAI | 418-423 | s.i. | n.a. | 475-480 | |||
| COLOMBO | 448-453 | s.i. | n.a. | 454-459 | |||
| SINGAPORE | 392-397 | 313-318 | n.a. | 432-437 | |||
| HONG KONG | 390-395 | 320-325 | n.a. | 395-400 | |||
| SHANGHAI | 416-421 | 359-364 | n.a. | 455-460 | |||
| BUSAN | 405-410 | 365-370 | n.a. | 440-445 | |||
| KAOHSIUNG posted price | 418 | 364 | n.a. | 470 | |||
| MONTREAL* | 458-463 | 380-385 | n.a. | 502-507 | |||
| NEW ORLEANS* (mtw) | 392-397 | 320-325 | n.a. | 449-454 | |||
| HOUSTON* (mtw) | 380-385 | 303-308 | n.a. | 438-443 | |||
| NEW YORK* (mtw) | 388-393 | 310-315 | n.a. | 436-441 | |||
| LOS ANGELES* (mtd/mtw) | 403-408 | 340-345 | n.a. | 487-492 | |||
| PANAMA* (mtw) | 393-398 | 327-332 | n.a. | 450-455 | |||
| RIO DE JANEIRO* | 393-398 | n.a. | n.a. | 472-477 | |||
| 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 |
