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

PRIME’S DAILY MARKET REPORT MAY 11, 2021

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PRIME’S DAILY MARKET REPORT MAY 11, 2021

Irene K. Notias

SOURCES: Phys. Suppliers, Reuters  

CRUDE OIL FUTURES @ 13:15 WTI $64.56/bbl 0.36 Brent $68.03/bbl 0.29 Gasoil 0.75
 PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del.
PIRAEUS (mtw)548-553s.i.n.a.570-575firm prices s.i.-avails
MALTA498-503s.i.n.a.558-563
GIBRALTAR (mtd/mtw)510-515415-420n.a.575-580
ISTANBUL (mtw)525-530s.i.n.a.575-580
NOVOROSSIYSK465-470390-395n.a.565-570
ROTTERDAM488-493s.i.n.a.542-547
LAS PALMAS 514-519416-421n.a.576-581
LOME anch535-540s.i.n.a.615-620firm prices s.i. 
ALGOA BAY565-570s.i.n.a.675-680firm prices s.i.-avails
FUJAIRAH500-505402-407n.a.605-610
COLOMBO565-570s.i.n.a.585-590
SINGAPORE496-501380-385n.a.558-563
ZHOUSHAN507-512s.i.n.a.570-575
BUSAN545-550417-422n.a.572-577
HOUSTON* (mtw)500-505397-402n.a.577-582
PANAMA* (mtw)515-520408-413n.a.619-624
 RIO DE JANEIRO*527-532n.a.n.a.651-656
 REMARKSs.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails   
 VLSFO, DMA & DMB prices, where avail, will be subj to inquiry   
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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