Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MARCH 23, 2021

PRIME’S DAILY MARKET REPORT MARCH 23, 2021

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PRIME’S DAILY MARKET REPORT MARCH 23, 2021

Irene K Notias

SOURCES: Phys. Suppliers, Reuters  

CRUDE OIL FUTURES @ 13:30 WTI $58.98/bbl ↓2.58 Brent $61.84/bbl ↓2.78 Gasoil ↓20.00
 PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del.
PIRAEUS (mtw)520-525395-400n.a.545-550firm prices s.i.-avails
MALTA488-493s.i.n.a.548-553
GIBRALTAR (mtd/mtw)499-504414-419n.a.555-560
ISTANBUL (mtw)500-505s.i.n.a.550-555
NOVOROSSIYSK470-475370-375n.a.545-550
ROTTERDAM455-460s.i.n.a.495-500
LAS PALMAS 495-500410-415n.a.552-557
LOME anch495-500s.i.n.a.560-565firm prices s.i. 
ALGOA BAY550-555s.i.n.a.660-665firm prices s.i.-avails
FUJAIRAH505-510395-400n.a.600-605earl del Mar 27
COLOMBO583-588s.i.n.a.593-598
SINGAPORE487-492387-392n.a.521-526
ZHOUSHAN501-506s.i.n.a.552-557
BUSAN515-520410-415n.a.542-547
HOUSTON* (mtw)490-495371-376n.a.568-573
PANAMA* (mtw)505-510400-405n.a.610-615
 RIO DE JANEIRO498-503n.a.n.a.649-654 
 REMARKSs.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails   
 VLSFO, DMA & DMB prices, where avail, will be subj to inquiry   
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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