PRIME’S DAILY MARKET REPORT Jan 11, 2021
SOURCES: Phys. Suppliers, Reuters
| CRUDE OIL FUTURES @ 12:26 WTI $ 51.81/bbl ↓0.43 Brent $ 55.26/bbl ↓0.73 Gasoil ↓3.00 | |||||||
| PORTS (Del.costs) | VLSFO (0.5%) | RMG380 | RME180 | DMA LS | Comments/Earl.del. | ||
| PIRAEUS (mtw) | 443-448 | 353-358 | n.a. | 470-475 | firm prices s.i.-avails | ||
| MALTA | 420-425 | 350-355 | n.a. | 465-470 | |||
| GIBRALTAR (mtd/mtw) | 425-430 | 345-350 | n.a. | 475-480 | severe weather | ||
| ISTANBUL (mtw) | 440-445 | s.i. | n.a. | 490-495 | |||
| NOVOROSSIYSK | 410-415 | 330-335 | n.a. | 480-485 | |||
| ROTTERDAM | 395-400 | s.i. | n.a. | 446-451 | |||
| LAS PALMAS | 425-430 | 345-350 | n.a. | 465-47 | |||
| ST. PETERSBURG | 397-402 | 317-322 | n.a. | 447-452 | |||
| LOME anch | 455-460 | s.i. | n.a. | 510-515 | |||
| ALGOA BAY | 490-495 | s.i. | n.a. | 605-610 | firm prices s.i.-avails | ||
| DURBAN | 485-490 | n.a. | s.i. | 535-540 | very tight avails | ||
| JEDDAH posted price (mtw)* | 422 | 347 | s.i. | 485 | |||
| FUJAIRAH | 440-445 | s.i. | n.a. | 515-520 | earl.del. Jan 13 | ||
| VISAG | 480-485 | s.i. | n.a. | 549-554 | |||
| MUMBAI | 490-495 | s.i. | n.a. | 535-540 | |||
| COLOMBO | 470-475 | s.i. | n.a. | 480-485 | |||
| SINGAPORE | 440-445 | 343-348 | n.a. | 455-460 | |||
| HONG KONG | 420-425 | 347-352 | n.a. | 440-445 | |||
| SHANGHAI | 455-460 | 382-387 | n.a. | 495-500 | |||
| BUSAN | 475-480 | 385-390 | n.a. | 495-500 | |||
| KAOHSIUNG posted price | 466 | 409 | n.a. | 513 | |||
| MONTREAL* | 467-472 | 384-389 | n.a. | 510-515 | |||
| NEW ORLEANS* (mtw) | 422-427 | 338-343 | n.a. | 490-495 | |||
| HOUSTON* (mtw) | 413-418 | 322-327 | n.a. | 470-475 | |||
| NEW YORK* (mtw) | 424-429 | 345-350 | n.a. | 480-485 | |||
| LOS ANGELES* (mtd/mtw) | 443-448 | 371-376 | n.a. | 515-520 | |||
| PANAMA* (mtw) | 410-415 | 345-350 | n.a. | 482-487 | |||
| RIO DE JANEIRO* | 434-439 | n.a. | n.a. | 484-489 | |||
| 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 |
