Home ShipmanagementBunkering Prime’s daily Market Report March 04, 2021

Prime’s daily Market Report March 04, 2021

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Prime’s daily Market Report March 04, 2021

Irene K Notias

SOURCES: Phys. Suppliers, Reuters

CRUDE OIL FUTURES @ 13:50 WTI $61.11/bbl ↓0.17 Brent $63.77/bbl ↓0.30 Gasoil ↓6.50
 PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del.
PIRAEUS (mtw)515-520380-385n.a.540-545firm prices s.i.-avails
MALTA512-517s.i.n.a.559-564
GIBRALTAR (mtd/mtw)503-508396-401n.a.552-557 
ISTANBUL (mtw)510-515s.i.n.a.560-565
NOVOROSSIYSK490-495380-385n.a.555-560
ROTTERDAM464-469s.i.n.a.505-510some tight avails
LAS PALMAS 505-510397-402n.a.554-559
LOME anch529-534s.i.n.a.609-614
ALGOA BAY588-593s.i.n.a.658-663firm prices s.i.-avails
FUJAIRAH500-505400-405n.a.605-610earl del Mar 8
COLOMBO560-565s.i.n.a.570-575
SINGAPORE507-512385-390n.a.528-533
ZHOUSHAN511-516s.i.n.a.560-565
BUSAN521-526397-402n.a.550-555
HOUSTON* (mtw)478-483376-381n.a.565-570
PANAMA* (mtw)505-510386-391n.a.578-583
 RIO DE JANEIRO521-526n.a.n.a.596-601 
 REMARKSs.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails   
 VLSFO, DMA & DMB prices, where avail, will be subj to inquiry   
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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