Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT DEC 18, 2020

PRIME’S DAILY MARKET REPORT DEC 18, 2020

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PRIME’S DAILY MARKET REPORT DEC 18, 2020

Irene K Notias

SOURCES: Phys. Suppliers, Reuters    

CRUDE OIL FUTURES @ 13:51 WTI $ 48.31/bbl ↓0.05 Brent $ 51.38/bbl ↓0.12 Gasoil ↑1.00
PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del. 
PIRAEUS (mtw)430-435325-330n.a.455-460firm prices s.i.-avails
MALTA400-405345-350n.a.450-455 
GIBRALTAR (mtd/mtw)405-410341-346n.a.455-460 
ISTANBUL (mtw)427-432s.i.n.a.475-480 
NOVOROSSIYSK400-405325-330n.a.460-465 
ROTTERDAM380-385s.i.n.a.440-445 
LAS PALMAS 400-405335-340n.a.455-460 
ST. PETERSBURG374-379289-294n.a.440-445 
LOME anch440-445s.i.n.a.500-505 
ALGOA BAY475-480s.i.n.a.585-590firm prices s.i.-avails 
DURBAN485-490n.a.s.i.510-515very tight avails 
JEDDAH posted price (mtw)397339s.i.461
FUJAIRAH405-410s.i.n.a.500-505earl. del. Dec 22
VISAGs.i.s.i.n.a.s.i. 
MUMBAI420-425s.i.n.a.326-331 
COLOMBO445-450s.i.n.a.460-465 
SINGAPORE400-405323-328n.a.438-443 
HONG KONG395-400330-335n.a.405-410 
SHANGHAI420-425363-368n.a.460-465 
BUSAN415-420361-366n.a.445-450 
KAOHSIUNG posted price428381n.a.485 
MONTREAL*453-458373-378n.a.501-506 
NEW ORLEANS* (mtw)392-397318-323n.a.453-458 
HOUSTON* (mtw)390-395310-315n.a.450-455 
NEW YORK* (mtw)394-399320-325n.a.449-454 
LOS ANGELES* (mtd/mtw)421-426355-360n.a.499-504 
PANAMA* (mtw)390-395329-334n.a.454-459 
RIO DE JANEIRO*403-408n.a.n.a.487-492  
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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