PRIME’S DAILY MARKET REPORT DEC 31, 2020
| Office closed Jan 1st for New Year’s holidays. Available on cellphones. | ||
| SOURCES: Phys. Suppliers, Reuters | HAPPY NEW YEAR! |
| CRUDE OIL FUTURES @ 12:26 WTI $ 48.28/bbl ↓0.12 Brent $ 51.52/bbl ↓0.12 Gasoil ↓0.25 | |||||||
| PORTS (Del.costs) | VLSFO (0.5%) | RMG380 | RME180 | DMA LS | Comments/Earl.del. | ||
| PIRAEUS (mtw) | 425-430 | 330-335 | n.a. | 450-455 | firm prices s.i.-avails | ||
| MALTA | 405-410 | 340-345 | n.a. | 450-455 | |||
| GIBRALTAR (mtd/mtw) | 405-410 | 340-345 | n.a. | 460-465 | |||
| 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. | 460-465 | |||
| ST. PETERSBURG | 370-375 | 284-289 | n.a. | 430-435 | |||
| LOME anch | 430-435 | s.i. | n.a. | 495-500 | |||
| ALGOA BAY | 475-480 | s.i. | n.a. | 580-585 | firm prices s.i.-avails | ||
| DURBAN | 505-510 | n.a. | s.i. | 505-510 | very tight avails | ||
| JEDDAH posted price (mtw) | 403 | 329 | s.i. | 465 | |||
| FUJAIRAH | 412-417 | s.i. | n.a. | 495-500 | earl.del. Jan 4 | ||
| VISAG | s.i. | s.i. | n.a. | s.i. | |||
| MUMBAI | 433-438 | s.i. | n.a. | 523-528 | |||
| COLOMBO | 455-460 | s.i. | n.a. | 475-480 | |||
| SINGAPORE | 415-420 | 320-323 | n.a. | 445-450 | tight avails til end Dec | ||
| HONG KONG | 385-390 | 325-330 | n.a. | 400-405 | |||
| SHANGHAI | 430-435 | 365-370 | n.a. | 470-475 | |||
| BUSAN | 445-450 | 357-362 | n.a. | 480-485 | |||
| KAOHSIUNG posted price | 440 | 383 | n.a. | 488 | |||
| MONTREAL* | 475-480 | 398-403 | n.a. | 511-516 | |||
| NEW ORLEANS* (mtw) | 403-408 | 312-317 | n.a. | 470-475 | |||
| HOUSTON* (mtw) | 395-400 | 304-309 | n.a. | 469-474 | |||
| NEW YORK* (mtw) | 416-421 | 325-330 | n.a. | 468-473 | |||
| LOS ANGELES* (mtd/mtw) | 436-441 | 366-371 | n.a. | 511-516 | |||
| PANAMA* (mtw) | 416-421 | 332-337 | n.a. | 472-477 | |||
| RIO DE JANEIRO* | 410-415 | n.a. | n.a. | 497-502 | |||
| 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 |
