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Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MAY 14, 2021

PRIME’S DAILY MARKET REPORT MAY 14, 2021

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PRIME’S DAILY MARKET REPORT MAY 14, 2021

Irene K. Notias

SOURCES: Phys. Suppliers, Reuters    

CRUDE OIL FUTURES @ 12:37 WTI $64.48/bbl ↑0.66 Brent $67.71/bbl ↑0.66 Gasoil ↑2.50
 PORTS  (Del.costs)VLSFO (0.5%)RMG380RME180DMA LSComments/Earl.del.
PIRAEUS (mtw)543-548s.i.n.a.565-570firm prices s.i.-avails
MALTA500-505s.i.n.a.565-570
GIBRALTAR (mtd/mtw)505-510407-412n.a.580-585
ISTANBUL (mtw)525-530s.i.n.a.575-580
NOVOROSSIYSK465-470395-400n.a.565-570
ROTTERDAM496-501s.i.n.a.552-557Public holiday
LAS PALMAS 518-523415-420n.a.587-592
LOME anch520-525s.i.n.a.640-645firm prices s.i. 
ALGOA BAY570-575s.i.n.a.680-685firm prices s.i.-avails
FUJAIRAH499-504400-405n.a.608-613Public holiday
COLOMBO545-550s.i.n.a.580-585
SINGAPORE487-492377-382n.a.558-563
ZHOUSHAN502-507s.i.n.a.577-582
BUSAN547-552412-417n.a.577-582
HOUSTON* (mtw)503-508400-405n.a.589-594
PANAMA* (mtw)518-523402-407n.a.625-630
 RIO DE JANEIRO*519-524n.a.n.a.649-651
 REMARKSs.i. = subject inquiry,   n.a = not available,    s.a. = subj. avails   
 VLSFO, DMA & DMB prices, where avail, will be subj to inquiry   
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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