Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MARCH 08, 2021

PRIME’S DAILY MARKET REPORT MARCH 08, 2021

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PRIME’S DAILY MARKET REPORT MARCH 08, 2021

Irene K. Notias

SOURCES: Phys. Suppliers, Reuters 

CRUDE OIL FUTURES @ 12:50 WTI $66.02/bbl ↓0.07 Brent $69.13/bbl ↓0.23 Gasoil ↓0.25
 PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del.
PIRAEUS (mtw)535-540404-409n.a.565-570firm prices s.i.-avails
MALTA515-520s.i.n.a.563-568
GIBRALTAR (mtd/mtw)519-524407-412n.a.567-572 
ISTANBUL (mtw)540-545s.i.n.a.590-595
NOVOROSSIYSK510-515400-405n.a.575-580
ROTTERDAM505-510s.i.n.a.545-550some tight avails
LAS PALMAS 520-525410-415n.a.570-575
LOME anch*565-570s.i.n.a.625-630
ALGOA BAY600-605s.i.n.a.672-677firm prices s.i.-avails
FUJAIRAH536-541s.i.n.a.630-635
COLOMBO575-580s.i.n.a.585-590
SINGAPORE537-542420-425n.a.560-565
ZHOUSHAN528-533s.i.n.a.580-585
BUSAN540-545427-432n.a.567-572
HOUSTON* (mtw)495-500384-389n.a.587-592
PANAMA* (mtw)530-535405-410n.a.605-610
 RIO DE JANEIRO*540-545n.a.n.a.610-615 
 REMARKSs.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails   
 VLSFO, DMA & DMB prices, where avail, will be subj to inquiry   
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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