Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT FEBRUARY 26, 2021

PRIME’S DAILY MARKET REPORT FEBRUARY 26, 2021

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PRIME’S DAILY MARKET REPORT FEBRUARY 26, 2021

Irene K Notias

SOURCES: Phys. Suppliers, Reuters   

CRUDE OIL FUTURES @ 13:08 WTI $63.13/bbl ↓0.40 Brent $66.50/bbl ↓0.38 Gasoil ↓5.50
 PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del.
PIRAEUS (mtw)525-530398-403n.a.550-555firm prices s.i.-avails
MALTA502-507s.i.n.a.555-560
GIBRALTAR (mtd/mtw)515-520405-410n.a.575-580
ISTANBUL (mtw)525-530s.i.n.a.565-570
NOVOROSSIYSK490-495385-390n.a.555-560
ROTTERDAM494-499s.i.n.a.527-532
LAS PALMAS 515-520405-410n.a.575-580
LOME anch537-542s.i.n.a.590-595
ALGOA BAY580-585s.i.n.a.667-672firm prices s.i.-avails
FUJAIRAH529-534386-391n.a.620-625earl del Mar 2
COLOMBO545-550s.i.n.a.575-580
SINGAPORE515-520396-401n.a.539-544earl del beg Mar
ZHOUSHAN520-525s.i.n.a.567-572
BUSAN540-545417-422n.a.560-565
HOUSTON* (mtw)488-493383-388n.a.578-583
PANAMA* (mtw)515-520395-400n.a.590-595
 RIO DE JANEIRO536-541n.a.n.a.601-606 
 REMARKSs.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails   
 VLSFO, DMA & DMB prices, where avail, will be subj to inquiry   
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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