Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MARCH 05, 2021

PRIME’S DAILY MARKET REPORT MARCH 05, 2021

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PRIME’S DAILY MARKET REPORT MARCH 05 2021

Irene K. Notias

SOURCES: Phys. Suppliers, Reuters

CRUDE OIL FUTURES @ 11:57 WTI $65.12/bbl ↑1.29 Brent $68.28/bbl ↑1.54 Gasoil ↑9.25
 PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del.
PIRAEUS (mtw)530-535400-405n.a.555-560firm prices s.i.-avails
MALTA517-522s.i.n.a.570-575
GIBRALTAR (mtd/mtw)522-527415-420n.a.579-584 
ISTANBUL (mtw)525-530s.i.n.a.568-573
NOVOROSSIYSK500-505390-395n.a.560-565
ROTTERDAM480-485s.i.n.a.535-540some tight avails
LAS PALMAS 520-525420-425n.a.580-585
LOME anch565-570s.i.n.a.615-620
ALGOA BAY587-592s.i.n.a.655-660firm prices s.i.-avails
FUJAIRAH525-530420-425n.a.620-625earl del Mar 9
COLOMBO560-565s.i.n.a.570-575
SINGAPORE507-512389-394n.a.537-542
ZHOUSHAN520-525s.i.n.a.567-572
BUSAN520-525402-407n.a.547-552
HOUSTON* (mtw)490-495381-386n.a.576-581
PANAMA* (mtw)505-510386-391n.a.578-583
 RIO DE JANEIRO*521-526n.a.n.a.596-601 
 REMARKSs.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails   
 VLSFO, DMA & DMB prices, where avail, will be subj to inquiry   
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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