PRIME’S DAILY MARKET REPORT Jan 20, 2021

SOURCES: Phys. Suppliers, Reuters
CRUDE OIL FUTURES @ 12:43 WTI $ 53.50/bbl ↑0.52 Brent $ 56.30/bbl ↑0.40 Gasoil ↓0.75 | |||||||
PORTS (Del.costs) | VLSFO (0.5%) | RMG380 | RME180 | DMA LS | Comments/Earl.del. | ||
PIRAEUS (mtw) | 460-465 | 350-355 | n.a. | 480-485 | firm prices s.i.-avails | ||
MALTA | 435-440 | 350-355 | n.a. | 485-490 | |||
GIBRALTAR (mtd/mtw) | 440-445 | 360-365 | n.a. | 485-490 | |||
ISTANBUL (mtw) | 460-465 | s.i. | n.a. | 505-510 | |||
NOVOROSSIYSK | 410-415 | 345-350 | n.a. | 475-480 | |||
ROTTERDAM | 415-420 | s.i. | n.a. | 459-464 | |||
LAS PALMAS | 440-445 | 350-355 | n.a. | 475-480 | |||
ST. PETERSBURG | 411-416 | 317-322 | n.a. | 457-462 | |||
LOME anch | 468-473 | s.i. | n.a. | 520-525 | |||
ALGOA BAY | 495-500 | s.i. | n.a. | 610-615 | firm prices s.i.-avails | ||
DURBAN | 480-485 | n.a. | s.i. | 540-545 | |||
JEDDAH posted price (mtw) | 437 | s.i. | s.i. | 510 | |||
FUJAIRAH | 455-460 | s.i. | n.a. | 520-525 | earl.del. Jan 26 | ||
VISAG* | 495-500 | s.i. | n.a. | 610-615 | |||
MUMBAI* | 490-495 | s.i. | n.a. | 535-540 | |||
COLOMBO | 495-500 | s.i. | n.a. | 505-510 | |||
SINGAPORE | 455-460 | 345-350 | n.a. | 472-477 | |||
HONG KONG | 430-435 | 355-360 | n.a. | 440-445 | |||
SHANGHAI | 455-460 | 377-382 | n.a. | 510-515 | |||
BUSAN | 495-500 | 385-390 | n.a. | 510-515 | |||
KAOHSIUNG posted price | 473 | 409 | n.a. | 515 | |||
MONTREAL* | 495-500 | 408-413 | n.a. | 535-540 | |||
NEW ORLEANS* (mtw) | 423-428 | 342-347 | n.a. | 493-498 | |||
HOUSTON* (mtw) | 417-422 | 325-330 | n.a. | 482-487 | |||
NEW YORK* (mtw) | 437-442 | 347-352 | n.a. | 492-497 | |||
LOS ANGELES* (mtd/mtw) | 452-457 | 391-396 | n.a. | 506-511 | |||
PANAMA* (mtw) | 425-430 | 340-345 | n.a. | 485-490 | |||
RIO DE JANEIRO* | 473-478 | n.a. | n.a. | 493-498 | |||
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 |