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Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MAR 11, 2022

PRIME’S DAILY MARKET REPORT MAR 11, 2022

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PRIME’S DAILY MARKET REPORT MAR 11, 2022

Irene K. Notias
SOURCES: Phys. Suppliers, Reuters   
CRUDE OIL FUTURES   @ 12:07  WTI $107.59/bbl ↑1.57    Brent $110.97/bbl ↑1.64    Gasoil ↓4.00
 PORTS  (Del.costs)VLSFO (0.50%)RMG380DMA LSCOMMENTS/EARLY DEL. DATES
PIRAEUS (mtw)1212-1217s.i.1257-1262firm prices s.i.-avails
MALTA1000-1005s.i.1230-1235 
GIBRALTAR (mtd/mtw)1010-1015750-7551180-1185
ISTANBUL (mtw)1090-1095s.i.1185-1190
NOVOROSSIYSK830-835610-615940-945
ROTTERDAM1000-1005650-6551100-1105
LAS PALMAS 1030-1035756-7611190-1195
ALGOA BAY1043-1048s.i.1117-1122
FUJAIRAH972-977651-6561187-1192firm prices s.i.-avails
COLOMBO1110-1115s.i.1310-1315tight avails
LOME1000-1005s.i.1025-1030
SINGAPORE960-965675-6801190-1195
ZHOUSHAN940-945s.i.1190-1195
BUSAN970-975725-7301090-1095
HOUSTON (mtw)943-948745-7501280-1285
PANAMA (mtw)922-927667-6721186-1191
RIO DE JANEIRO959-964n.a.1066-1071
REMARKSs.i. = subject inquiry,  n.a = not available,   s.a. = subj. avails   
 RME180, DMA & DMB prices, where avail, will be subj to inquiry
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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