PRIME’S DAILY MARKET REPORT Jan 12, 2021
SOURCES: Phys. Suppliers, Reuters
| CRUDE OIL FUTURES @ 12:44 WTI $ 53.01/bbl ↑0.76 Brent $ 56.51/bbl ↑0.85 Gasoil ↑13.25 | |||||||
| PORTS (Del.costs) | VLSFO (0.5%) | RMG380 | RME180 | DMA LS | Comments/Earl.del. | ||
| PIRAEUS (mtw) | 455-460 | 349-354 | n.a. | 475-480 | firm prices s.i.-avails | ||
| MALTA | 425-430 | 350-355 | n.a. | 470-475 | |||
| GIBRALTAR (mtd/mtw) | 430-435 | 350-355 | n.a. | 475-480 | |||
| ISTANBUL (mtw) | 450-455 | s.i. | n.a. | 495-500 | |||
| NOVOROSSIYSK | 415-420 | 340-345 | n.a. | 480-485 | |||
| ROTTERDAM | 410-415 | s.i. | n.a. | 454-459 | |||
| LAS PALMAS | 430-435 | 350-355 | n.a. | 480-485 | |||
| ST. PETERSBURG | 399-404 | 316-319 | n.a. | 449-454 | |||
| LOME anch | 465-470 | s.i. | n.a. | 520-525 | |||
| ALGOA BAY | 496-501 | s.i. | n.a. | 608-613 | firm prices s.i.-avails | ||
| DURBAN | 481-486 | n.a. | s.i. | 535-540 | very tight avails | ||
| JEDDAH posted price (mtw)* | 422 | 347 | s.i. | 485 | |||
| FUJAIRAH | 450-455 | s.i. | n.a. | 525-530 | earl.del. Jan 16 | ||
| VISAG | s.i. | s.i. | n.a. | s.i. | |||
| MUMBAI* | 490-495 | s.i. | n.a. | 535-540 | |||
| COLOMBO | 472-477 | s.i. | n.a. | 485-490 | |||
| SINGAPORE | 440-445 | 348-353 | n.a. | 450-455 | |||
| HONG KONG | 420-425 | 347-352 | n.a. | 440-445 | |||
| SHANGHAI | 460-465 | 372-377 | n.a. | 495-500 | |||
| BUSAN | 485-490 | 382-387 | n.a. | 495-500 | |||
| KAOHSIUNG posted price | 464 | 407 | n.a. | 508 | |||
| MONTREAL* | 467-472 | 384-389 | n.a. | 510-515 | |||
| NEW ORLEANS* (mtw) | 422-427 | 338-343 | n.a. | 490-495 | |||
| HOUSTON* (mtw) | 413-418 | 325-330 | n.a. | 475-480 | |||
| NEW YORK* (mtw) | 426-431 | 347-352 | n.a. | 482-487 | |||
| LOS ANGELES* (mtd/mtw) | 443-448 | 371-376 | n.a. | 515-520 | |||
| PANAMA* (mtw) | 420-425 | 345-350 | n.a. | 482-487 | |||
| RIO DE JANEIRO* | 441-446 | n.a. | n.a. | 482-487 | |||
| 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 |
