PRIME’S DAILY MARKET REPORT DEC 21, 2020
SOURCES: Phys. Suppliers, Reuters
| CRUDE OIL FUTURES @ 13:21 WTI $ 46.22/bbl ↓02.88 Brent $ 49.56/bbl ↓2.70 Gasoil ↓24.25 | |||||||
| PORTS (Del.costs) | VLSFO (0.5%) | RMG380 | RME180 | DMA LS | Comments/Earl.del. | ||
| PIRAEUS (mtw) | 435-440 | 332-337 | n.a. | 455-460 | firm prices s.i.-avails | ||
| MALTA | 403-408 | 347-352 | n.a. | 440-445 | |||
| GIBRALTAR (mtd/mtw) | 392-397 | 343-348 | n.a. | 448-453 | |||
| ISTANBUL (mtw) | 420-425 | s.i. | n.a. | 470-475 | |||
| NOVOROSSIYSK | 390-395 | 320-325 | n.a. | 450-455 | |||
| ROTTERDAM | 373-378 | s.i. | n.a. | 430-435 | |||
| LAS PALMAS | 409-414 | 342-347 | n.a. | 460-465 | |||
| ST. PETERSBURG | 375-380 | 290-295 | n.a. | 440-445 | |||
| LOME anch | 420-425 | s.i. | n.a. | 480-485 | |||
| ALGOA BAY | 465-470 | s.i. | n.a. | 580-585 | firm prices s.i.-avails | ||
| DURBAN | s.i. | n.a. | s.i. | s.i. | very tight avails | ||
| JEDDAH posted price (mtw) | 397 | s.i. | s.i. | 461 | |||
| FUJAIRAH | 393-398 | s.i. | n.a. | 492-497 | earl. del. Dec 23 | ||
| VISAG | 445-450 | s.i. | n.a. | 485-490 | |||
| MUMBAI | 423-428 | s.i. | n.a. | 475-480 | |||
| COLOMBO | 445-450 | s.i. | n.a. | 460-465 | |||
| SINGAPORE | 392-397 | 330-335 | n.a. | 432-437 | |||
| HONG KONG | 400-405 | 330-335 | n.a. | 410-415 | |||
| SHANGHAI | 425-430 | 369-374 | n.a. | 470-475 | |||
| BUSAN | 425-430 | 365-370 | n.a. | 455-460 | |||
| KAOHSIUNG posted price | 423 | 376 | n.a. | 480 | |||
| MONTREAL* | 453-458 | 373-378 | n.a. | 501-506 | |||
| NEW ORLEANS* (mtw) | 392-397 | 316-321 | n.a. | 455-460 | |||
| HOUSTON* (mtw) | 386-391 | 310-315 | n.a. | 453-458 | |||
| NEW YORK* (mtw) | 397-402 | 322-327 | n.a. | 457-462 | |||
| LOS ANGELES* (mtd/mtw) | 429-434 | 358-363 | n.a. | 508-513 | |||
| PANAMA* (mtw) | 385-390 | 325-330 | n.a. | 450-455 | |||
| RIO DE JANEIRO* | 402-407 | n.a. | n.a. | 491-496 | |||
| 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 |
