Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MARCH 12, 2021

PRIME’S DAILY MARKET REPORT MARCH 12, 2021

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PRIME’S DAILY MARKET REPORT MARCH 12, 2021

Irene K. Notias

SOURCES: Phys. Suppliers, Reuters   

CRUDE OIL FUTURES @ 13:50 WTI $65.70/bbl ↓0.32 Brent $69.34/bbl ↓0.29 Gasoil ↑2.50
 PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del.
PIRAEUS (mtw)545-550410-415n.a.570-575firm prices s.i.-avails
MALTA520-525s.i.n.a.570-575
GIBRALTAR (mtd/mtw)520-525417-422n.a.570-575
ISTANBUL (mtw)535-540s.i.n.a.580-585
NOVOROSSIYSK490-495390-395n.a.570-575
ROTTERDAM495-500s.i.n.a.535-540
LAS PALMAS 530-535425-430n.a.578-583
LOME anch550-555s.i.n.a.625-630firm prices s.i. 
ALGOA BAY585-590s.i.n.a.672-677firm prices s.i.-avails
FUJAIRAH535-540405-410n.a.650-655earl del Mar 16
COLOMBO575-580s.i.n.a.585-590
SINGAPORE528-533413-418n.a.550-555
ZHOUSHAN532-537s.i.n.a.572-577
BUSAN537-542431-436n.a.565-570
HOUSTON* (mtw)511-516392-397n.a.590-595
PANAMA* (mtw)535-540411-416n.a.615-620
 RIO DE JANEIRO*539-544n.a.n.a.626-631 
 REMARKSs.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails   
 VLSFO, DMA & DMB prices, where avail, will be subj to inquiry   
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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