PRIME’S DAILY MARKET REPORT Jan 21, 2021

SOURCES: Phys. Suppliers, Reuters
CRUDE OIL FUTURES @ 12:33 WTI $ 52.78/bbl ↓0.53 Brent $ 55.53/bbl ↓0.55 Gasoil ↓7.50 | |||||||
PORTS (Del.costs) | VLSFO (0.5%) | RMG380 | RME180 | DMA LS | Comments/Earl.del. | ||
PIRAEUS (mtw) | 460-465 | 355-360 | n.a. | 485-490 | firm prices s.i.-avails | ||
MALTA | 435-440 | 350-355 | n.a. | 485-490 | |||
GIBRALTAR (mtd/mtw) | 440-445 | 360-365 | n.a. | 490-495 | |||
ISTANBUL (mtw) | 460-465 | s.i. | n.a. | 505-510 | |||
NOVOROSSIYSK | 415-420 | 340-345 | n.a. | 480-485 | |||
ROTTERDAM | 412-417 | s.i. | n.a. | 456-461 | |||
LAS PALMAS | 440-445 | 350-355 | n.a. | 490-495 | |||
ST. PETERSBURG | 412-417 | 318-323 | n.a. | 460-465 | |||
LOME anch | 468-473 | s.i. | n.a. | 538-543 | |||
ALGOA BAY | 485-490 | s.i. | n.a. | 610-615 | firm prices s.i.-avails | ||
DURBAN | 485-490 | n.a. | s.i. | 545-550 | |||
JEDDAH posted price (mtw) | 446 | s.i. | s.i. | 515 | |||
FUJAIRAH | 450-455 | s.i. | n.a. | 525-530 | earl.del. Jan 26 | ||
VISAG | 505-510 | s.i. | n.a. | 610-615 | |||
MUMBAI | 500-505 | s.i. | n.a. | 575-580 | |||
COLOMBO | 495-500 | s.i. | n.a. | 505-510 | |||
SINGAPORE | 455-460 | 343-348 | n.a. | 465-470 | |||
HONG KONG | 435-440 | 354-359 | n.a. | 445-450 | |||
SHANGHAI | 460-465 | 374-379 | n.a. | 525-530 | |||
BUSAN | 500-505 | 384-389 | n.a. | 515-520 | |||
KAOHSIUNG posted price | 479 | 415 | n.a. | 520 | |||
MONTREAL* | 495-500 | 408-413 | n.a. | 535-540 | |||
NEW ORLEANS* (mtw) | 428-433 | 345-350 | n.a. | 497-502 | |||
HOUSTON* (mtw) | 418-423 | 326-331 | n.a. | 484-489 | |||
NEW YORK* (mtw) | 438-443 | 348-353 | n.a. | 494-499 | |||
LOS ANGELES* (mtd/mtw) | 455-460 | 392-397 | n.a. | 509-514 | |||
PANAMA* (mtw) | 429-434 | 347-352 | n.a. | 495-500 | |||
RIO DE JANEIRO* | 457-462 | n.a. | n.a. | 488-493 | |||
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 |