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Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MARCH 11, 2021

PRIME’S DAILY MARKET REPORT MARCH 11, 2021

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PRIME’S DAILY MARKET REPORT MARCH 11, 2021

Irene K. Notias

SOURCES: Phys. Suppliers, Reuters  


CRUDE OIL FUTURES @ 13:25 WTI $64.86/bbl 
↑0.42 Brent $68.36/bbl ↑0.46 Gasoil ↑10.50
 PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del.
PIRAEUS (mtw)543-548410-415n.a.561-566firm prices s.i.-avails
MALTA510-515s.i.n.a.555-560
GIBRALTAR (mtd/mtw)523-528417-422n.a.572-577
ISTANBUL (mtw)525-530s.i.n.a.575-580
NOVOROSSIYSK500-505390-395n.a.560-565
ROTTERDAM492-497s.i.n.a.530-535
LAS PALMAS 527-532420-425n.a.572-577
LOME anch545-550s.i.n.a.615-620firm prices s.i. 
ALGOA BAY590-595s.i.n.a.670-675firm prices s.i.-avails
FUJAIRAH535-540407-412n.a.640-645earl del Mar 15
COLOMBO570-575s.i.n.a.583-588
SINGAPORE518-523411-416n.a.540-545
ZHOUSHAN524-529s.i.n.a.570-575
BUSAN537-542428-433n.a.560-565
HOUSTON* (mtw)505-510390-395n.a.586-591
PANAMA* (mtw)535-540410-415n.a.608-613
 RIO DE JANEIRO*528-533n.a.n.a.617-622 
 REMARKSs.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails   
 VLSFO, DMA & DMB prices, where avail, will be subj to inquiry   
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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