Home HRReports PRIME’S DAILY MARKET REPORT MARCH 10, 2021

PRIME’S DAILY MARKET REPORT MARCH 10, 2021

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PRIME’S DAILY MARKET REPORT MARCH 10, 2021

Irene K. Notias
SOURCES: Phys. Suppliers, Reuters                          
CRUDE OIL FUTURES @ 14:00 WTI $64.12/bbl ↑0.11 Brent $67.50/bbl ↓0.02 Gasoil ↓3.25
 PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del.
PIRAEUS (mtw)540-545405-410n.a.565-570firm prices s.i.-avails
MALTA510-515s.i.n.a.555-560
GIBRALTAR (mtd/mtw)520-525414-419n.a.565-570some tight avails
ISTANBUL (mtw)525-530s.i.n.a.575-580
NOVOROSSIYSK503-508390-395n.a.560-565
ROTTERDAM490-495s.i.n.a.525-530
LAS PALMAS 525-530410-415n.a.565-570
LOME anch547-552s.i.n.a.610-615
ALGOA BAY595-600s.i.n.a.672-677firm prices s.i.-avails
FUJAIRAH520-525400-405n.a.620-625earl del Mar 14
COLOMBO575-580s.i.n.a.580-585
SINGAPORE523-528410-415n.a.549-554
ZHOUSHAN537-542s.i.n.a.580-585
BUSAN530-535423-428n.a.560-565
HOUSTON* (mtw)505-510388-393n.a.587-592
PANAMA* (mtw)535-540410-415n.a.610-615
 RIO DE JANEIRO*536-541n.a.n.a.627-632 
 REMARKSs.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails   
 VLSFO, DMA & DMB prices, where avail, will be subj to inquiry   
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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