Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MAY 18, 2021

PRIME’S DAILY MARKET REPORT MAY 18, 2021

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PRIME’S DAILY MARKET REPORT MAY 18, 2021

Irene K. Notias

SOURCES: Phys. Suppliers, Reuters

CRUDE OIL FUTURES @ 14:20 WTI $66.56/bbl ↑0.29 Brent $69.85/bbl ↑0.39 Gasoil ↑4.75
 PORTS  (Del.costs)VLSFO (0.5%)RMG380DMA LSCOMMENTS/EARLY DEL. DATES
PIRAEUS (mtw)553-558s.i.575-580firm prices s.i.-avails
MALTA515-520s.i.580-585
GIBRALTAR (mtd/mtw)511-516415-420592-597
ISTANBUL (mtw)540-545s.i.595-600
NOVOROSSIYSK470-475400-405580-585
ROTTERDAM484-489s.i.560-565
LAS PALMAS 525-530419-424592-597
LOME anch*540-545s.i.670-675firm prices s.i. 
ALGOA BAY570-575s.i.685-690firm prices s.i.-avails
FUJAIRAH495-500396-401610-615earl del May 22
COLOMBO545-550s.i.575-580
SINGAPORE501-506384-389574-579
ZHOUSHAN509-514s.i.588-593
BUSAN548-553413-418577-582
HOUSTON* (mtw)505-510393-398590-595
PANAMA* (mtw)520-525398-403630-635
RIO DE JANEIRO*516-521n.a.645-650  
 REMARKSs.i. = subject inquiry,  n.a = not available,   s.a. = subj. avails   
 RME180, DMA & DMB prices, where avail, will be subj to inquiry  
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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