Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT February 01, 2021

PRIME’S DAILY MARKET REPORT February 01, 2021

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PRIME’S DAILY MARKET REPORT February 01, 2021

Irene K. Notias

SOURCES: Phys. Suppliers, Reuters

              OIL IS GOING UP
CRUDE OIL FUTURES @ 12:48 WTI $ 52.40/bbl ↑0.20 Brent $ 55.40/bbl ↑0.36 Gasoil ↑1.25
PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del. 
PIRAEUS (mtw)455-460345-350n.a.480-485firm prices s.i.-avails
MALTA425-430340-345n.a.470-475 
GIBRALTAR (mtd/mtw)432-437340-345n.a.485-490 
ISTANBUL (mtw)440-445s.i.n.a.495-500 
NOVOROSSIYSK420-425345-350n.a.480-485 
ROTTERDAM410-415s.i.n.a.450-455Vlsfo tight avails 
LAS PALMAS 425-430340-345n.a.480-485 
ST. PETERSBURG405-410310-315n.a.448-453 
LOME anch465-470s.i.n.a.520-525 
ALGOA BAY492-497s.i.n.a.600-605firm prices s.i.-avails 
DURBAN482-487n.a.s.i.545-550 
JEDDAH posted price (mtw)440s.i.s.i.505
FUJAIRAH450-455s.i.n.a.530-535earl.del. Feb 3
VISAG508-513s.i.n.a.610-615 
MUMBAI497-502s.i.n.a.575-580 
COLOMBO510-515s.i.n.a.514-519 
SINGAPORE455-460347-352n.a.470-475 
HONG KONG440-445347-352n.a.445-450 
SHANGHAI450-455374-379n.a.490-495holiday Feb 11-17 
BUSAN525-530377-382n.a.530-535holiday Feb 11-15 
KAOHSIUNG posted price475407n.a.510 
MONTREAL*494-499407-412n.a.526-531 
NEW ORLEANS* (mtw)424-429348-353n.a.503-508 
HOUSTON* (mtw)418-423320-325n.a.489-494 
NEW YORK* (mtw)447-452352-357n.a.498-503 
LOS ANGELES* (mtd/mtw)463-468397-402n.a.507-512 
PANAMA* (mtw)430-435350-355n.a.500-505 
RIO DE JANEIRO*454-459n.a.n.a.501-506  
REMARKSs.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

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