Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MAY 07, 2021

PRIME’S DAILY MARKET REPORT MAY 07, 2021

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PRIME’S DAILY MARKET REPORT MAY 07, 2021

Irene K Notias

SOURCES: Phys. Suppliers, Reuters

CRUDE OIL FUTURES @ 13:45 WTI $64.61/bbl ↓0.10 Brent $68.02/bbl ↓0.07 Gasoil ↓5.00
 PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del.
PIRAEUS (mtw)545-550s.i.n.a.569-574firm prices s.i.-avails
MALTA508-513s.i.n.a.570-575
GIBRALTAR (mtd/mtw)515-520415-420n.a.576-581
ISTANBUL (mtw)535-540s.i.n.a.585-590
NOVOROSSIYSK470-475390-395n.a.570-575
ROTTERDAM493-498s.i.n.a.545-550
LAS PALMAS 520-525419-424n.a.580-585
LOME anch525-530s.i.n.a.615-620firm prices s.i. 
ALGOA BAY555-560s.i.n.a.660-665firm prices s.i.-avails
FUJAIRAH500-505403-408n.a.602-607earl del May 11
COLOMBO560-565s.i.n.a.585-590
SINGAPORE490-495390-395n.a.554-559
ZHOUSHAN510-515s.i.n.a.572-577
BUSAN545-550423-428n.a.572-577
HOUSTON* (mtw)500-505397-402n.a.574-579
PANAMA* (mtw)520-525409-414n.a.620-625
 RIO DE JANEIRO*524-529n.a.n.a.632-637
 REMARKSs.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails   
 VLSFO, DMA & DMB prices, where avail, will be subj to inquiry   
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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