PRIME’S DAILY MARKET REPORT DEC 28, 2020
SOURCES: Phys. Suppliers, Reuters
| CRUDE OIL FUTURES @ 13:38 WTI $ 48.67/bbl ↑0.46 Brent $ 51.75/bbl ↑0.41 Gasoil ↑5.25 | |||||||
| PORTS (Del.costs) | VLSFO (0.5%) | RMG380 | RME180 | DMA LS | Comments/Earl.del. | ||
| PIRAEUS (mtw) | 430-435 | 325-330 | n.a. | 455-460 | firm prices s.i.-avails | ||
| MALTA | 395-400 | 331-336 | n.a. | 436-441 | |||
| GIBRALTAR (mtd/mtw) | 410-415 | 336-341 | n.a. | 460-465 | some tight avails | ||
| ISTANBUL (mtw) | 430-435 | s.i. | n.a. | 480-485 | |||
| NOVOROSSIYSK | 395-400 | 320-325 | n.a. | 460-465 | |||
| ROTTERDAM | 390-395 | s.i. | n.a. | 438-443 | |||
| LAS PALMAS | 405-410 | 345-350 | n.a. | 450-455 | |||
| ST. PETERSBURG | 370-375 | 284-289 | n.a. | 430-435 | |||
| LOME anch | 438-443 | s.i. | n.a. | 490-495 | |||
| ALGOA BAY | 480-485 | s.i. | n.a. | 590-595 | firm prices s.i.-avails | ||
| DURBAN | 502-507 | n.a. | s.i. | 503-508 | very tight avails | ||
| JEDDAH posted price (mtw) | 403 | s.i. | s.i. | 470 | |||
| FUJAIRAH | 420-430 | s.i. | n.a. | 470-480 | earl. del. Dec 29 | ||
| VISAG | 455-460 | s.i. | n.a. | 485-490 | |||
| MUMBAI | 440-445 | s.i. | n.a. | 475-480 | |||
| COLOMBO | 448-453 | s.i. | n.a. | 455-460 | |||
| SINGAPORE | 410-415 | 321-326 | n.a. | 435-440 | tight avails til end Dec | ||
| HONG KONG | 408-413 | 323-328 | n.a. | 428-433 | |||
| SHANGHAI | 430-435 | 351-356 | n.a. | 475-480 | |||
| BUSAN | 439-444 | 349-354 | n.a. | 478-483 | |||
| KAOHSIUNG posted price | 440 | 383 | n.a. | 493 | |||
| MONTREAL* | 475-480 | 398-403 | n.a. | 519-524 | |||
| NEW ORLEANS* (mtw) | 394-399 | 308-313 | n.a. | 452-457 | |||
| HOUSTON* (mtw) | 388-393 | 300-305 | n.a. | 463-468 | |||
| NEW YORK* (mtw) | 406-411 | 322-327 | n.a. | 472-477 | |||
| LOS ANGELES* (mtd/mtw) | 433-438 | 361-366 | n.a. | 505-510 | |||
| PANAMA* (mtw) | 395-400 | 330-335 | n.a. | 455-460 | |||
| RIO DE JANEIRO* | 405-410 | n.a. | n.a. | 500-505 | |||
| 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 |
