230
PRIME’S DAILY MARKET REPORT February 03, 2021
SOURCES: Phys. Suppliers, Reuters
CRUDE OIL FUTURES @ 12:10 WTI $ 55.16/bbl ↑0.40 Brent $ 58.05/bbl ↑0.59 Gasoil ↑2.75 | |||||||
PORTS (Del.costs) | VLSFO (0.5%) | RMG380 | RME180 | DMA LS | Comments/Earl.del. | ||
PIRAEUS (mtw) | 458-463 | 366-371 | n.a. | 489-494 | firm prices s.i.-avails | ||
MALTA | 455-460 | 350-355 | n.a. | 490-495 | |||
GIBRALTAR (mtd/mtw) | 450-455 | 350-355 | n.a. | 505-510 | |||
ISTANBUL (mtw) | 455-460 | s.i. | n.a. | 505-510 | |||
NOVOROSSIYSK | 425-430 | 345-350 | n.a. | 485-490 | |||
ROTTERDAM | 430-435 | s.i. | n.a. | 468-473 | |||
LAS PALMAS | 445-450 | 350-355 | n.a. | 490-495 | |||
ST. PETERSBURG | 422-427 | 327-332 | n.a. | 477-482 | |||
LOME anch | 485-490 | s.i. | n.a. | 560-565 | |||
ALGOA BAY | 495-500 | s.i. | n.a. | 603-608 | firm prices s.i.-avails | ||
JEDDAH posted price (mtw) | 445 | s.i. | s.i. | 510 | |||
FUJAIRAH | 470-475 | s.i. | n.a. | 543-548 | earl.del. Feb 7 | ||
MUMBAI | 503-508 | s.i. | n.a. | 575-580 | |||
COLOMBO | 505-510 | s.i. | n.a. | 525-530 | |||
SINGAPORE | 465-470 | 356-361 | n.a. | 480-485 | |||
HONG KONG | 450-455 | 357-362 | n.a. | 455-460 | |||
SHANGHAI | 460-465 | 380-385 | n.a. | 500-505 | holiday Feb 11-17 | ||
BUSAN | 525-530 | 385-390 | n.a. | 530-535 | holiday Feb 11-15 | ||
KAOHSIUNG posted price | 495 | 422 | n.a. | 530 | |||
MONTREAL* | 493-498 | 406-411 | n.a. | 532-537 | |||
NEW ORLEANS* (mtw) | 427-432 | 350-355 | n.a. | 505-510 | |||
HOUSTON* (mtw) | 415-420 | 320-325 | n.a. | 490-495 | |||
NEW YORK* (mtw) | 446-451 | 352-357 | n.a. | 498-503 | |||
LOS ANGELES* (mtd/mtw) | 464-469 | 399-404 | n.a. | 508-513 | |||
PANAMA* (mtw) | 428-433 | 350-355 | n.a. | 500-505 | |||
RIO DE JANEIRO* | 497-502 | n.a. | n.a. | 499–504 | |||
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 |