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Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MAY 31, 2021

PRIME’S DAILY MARKET REPORT MAY 31, 2021

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PRIME’S DAILY MARKET REPORT MAY 31, 2021

Irene K Notias

SOURCES: Phys. Suppliers, Reuters 

CRUDE OIL FUTURES @ 14:10 WTI $66.98/bbl ↑0.66 Brent $69.39/bbl ↑0.67 Gasoil 0.00
 PORTS  (Del.costs)VLSFO (0.5%)RMG380DMA LSCOMMENTS/EARLY DEL. DATES
PIRAEUS (mtw)550-555s.i.575-580firm prices s.i.-avails
MALTA505-510s.i.587-592
GIBRALTAR (mtd/mtw)506-511406-411584-589
ISTANBUL (mtw)530-535s.i.585-590
NOVOROSSIYSK470-475400-405585-590
ROTTERDAM480-485s.i.555-560
LAS PALMAS 511-516406-411585-590
LOME anch545-550s.i.680-685firm prices s.i. 
ALGOA BAY565-570s.i.687-692firm prices s.i.-avails
FUJAIRAH503-508405-410617-622
COLOMBO550-555s.i.583-588
SINGAPORE498-503386-391570-575
ZHOUSHAN502-507s.i.592-597
BUSAN549-554407-412590-595
HOUSTON* (mtw)500-505392-397590-595
PANAMA* (mtw)518-523400-405635-640
RIO DE JANEIRO*521-526n.a.644-649  
 REMARKSs.i. = subject inquiry,  n.a = not available,   s.a. = subj. avails   
 RME180, DMA & DMB prices, where avail, will be subj to inquiry  
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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