Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT February 16, 2021

PRIME’S DAILY MARKET REPORT February 16, 2021

by admin

PRIME’S DAILY MARKET REPORT February 16, 2021

Irene K. Notias
Due to snow storm office will close at 4pm today, can be reached on cellphones
SOURCES: Phys. Suppliers, Reuters  
CRUDE OIL FUTURES @ 12:48 WTI $ 59.77/bbl ↑0.30 Brent $63.08/bbl ↓0.22 Gasoil ↓1.25
 PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del.
PIRAEUS (mtw)506-511394-399n.a.528-533firm prices s.i.-avails
MALTA495-500s.i.n.a.530-535
GIBRALTAR (mtd/mtw)491-496386-391n.a.535-540Public holiday
ISTANBUL (mtw)510-515s.i.n.a.550-555
NOVOROSSIYSK465-470385-390n.a.545-550
ROTTERDAM475-480s.i.n.a.515-520
LAS PALMAS 495-500383-388n.a.538-543
LOME anch*515-520s.i.n.a.580-585
ALGOA BAY535-540s.i.n.a.637-642firm prices s.i.-avails
FUJAIRAH510-515s.i.n.a.575-580earl del Feb 20
COLOMBO530-535s.i.n.a.540-545
SINGAPORE515-520387-392n.a.530-535some tight avails
ZHOUSHAN510-515s.i.n.a.551-556
BUSAN530-535397-402n.a.540-545
HOUSTON* (mtw)455-460345-350n.a.526-531
PANAMA* (mtw)485-490378-382n.a.550-555
 RIO DE JANEIRO*507-512n.a.n.a.535-540 
 REMARKSs.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails  
 VLSFO, DMA & DMB prices, where avail, will be subj to inquiry   
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

You may also like

Leave a Comment