Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MARCH 19, 2021

PRIME’S DAILY MARKET REPORT MARCH 19, 2021

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PRIME’S DAILY MARKET REPORT MARCH 19, 2021

Irene K Notias

SOURCES: Phys. Suppliers, Reuters

CRUDE OIL FUTURES @ 13:40 WTI $60.38/bbl ↑0.38 Brent $63.51/bbl ↑0.23 Gasoil 8.50
 PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del.
PIRAEUS (mtw)509-514391-396n.a.542-547firm prices s.i.-avails
MALTA503-508s.i.n.a.552-557
GIBRALTAR (mtd/mtw)502-507418-423n.a.560-565
ISTANBUL (mtw)500-505s.i.n.a.550-555
NOVOROSSIYSK475-480370-375n.a.545-550
ROTTERDAM460-465s.i.n.a.495-500
LAS PALMAS 515-520420-425n.a.566-571
LOME anch511-516s.i.n.a.585-590firm prices s.i. 
ALGOA BAY565-570s.i.n.a.662-667firm prices s.i.-avails
FUJAIRAH533-538385-390n.a.610-615EDD Mar 27-prompt s.i.
COLOMBO575-580s.i.n.a.580-585
SINGAPORE488-493388-393n.a.535-540
ZHOUSHAN497-502s.i.n.a.552-557
BUSAN513-518419-424n.a.557-562
HOUSTON* (mtw)513-518394-399n.a.593-598
PANAMA* (mtw)510-515409-414n.a.625-630
 RIO DE JANEIRO*532-537n.a.n.a.643-648 
 REMARKSs.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails   
 VLSFO, DMA & DMB prices, where avail, will be subj to inquiry   
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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