294
Prime’s Daily Market Report Nov 4, 2020
SOURCES: Phys. Suppliers, Reuters
| CRUDE OIL FUTURES @ 15:25 WTI $ 38.43/bbl ↑0.77 Brent $ 40.59/bbl ↑0.88 Gasoil↑8.75 | |||||||
| PORTS (Del.costs) | VLSFO (0.5%) | RMG380 | RME180 | DMA LS | Comments/Earl.del. | ||
| PIRAEUS (mtw) | 305-310 | 255-260 | n.a. | 330-335 | firm prices s.i.-avails | ||
| MALTA | 317-322 | 292-297 | n.a. | 350-355 | |||
| GIBRALTAR (mtd/mtw) | 312-317 | 289-294 | n.a. | 343-348 | |||
| ISTANBUL (mtw) | 320-325 | s.i. | n.a. | 370-375 | |||
| NOVOROSSIYSK | 275-280 | 255-260 | n.a. | 375-380 | |||
| ROTTERDAM | 307-312 | 270-275 | n.a. | 330-335 | |||
| LAS PALMAS | 303-308 | 292-297 | n.a. | 332-337 | |||
| ST. PETERSBURG | 292-297 | 254-259 | n.a. | 339-344 | |||
| LOME anch | 335-340 | s.i. | n.a. | 385-390 | |||
| ALGOA BAY | 350-355 | s.i. | n.a. | 470-475 | firm prices s.i.-avails | ||
| DURBAN | 362-367 | n.a. | s.i. | 450-455 | hsfo tight avails | ||
| JEDDAH posted price (mtw) | 320 | 287 | s.i. | 430 | |||
| FUJAIRAH | 345-350 | s.i. | n.a. | 444-449 | earl. del. Nov 8 | ||
| VISAG | s.i. | s.i. | n.a. | s.i. | |||
| MUMBAI | 361-366 | s.i. | n.a. | 438-443 | |||
| COLOMBO | 370-375 | s.i. | n.a. | 430-435 | |||
| SINGAPORE | 336-341 | 280-285 | n.a. | 338-343 | |||
| HONG KONG | 315-320 | 280-285 | n.a. | 335-340 | |||
| SHANGHAI | 334-339 | 288-293 | n.a. | 392-397 | |||
| BUSAN | 337-342 | 307-312 | n.a. | 347-352 | |||
| KAOHSIUNG posted price | 347 | 301 | n.a. | 375 | |||
| MONTREAL* | 379-384 | 320-325 | n.a. | 378-383 | |||
| NEW ORLEANS* (mtw) | 290-295 | 252-257 | n.a. | 342-347 | |||
| HOUSTON* (mtw) | 294-299 | 252-257 | n.a. | 355-360 | |||
| NEW YORK* (mtw) | 318-323 | 266-271 | n.a. | 348-353 | |||
| LOS ANGELES* (mtd/mtw) | 335-340 | 275-280 | n.a. | 397-402 | |||
| PANAMA* (mtw) | 310-315 | 275-280 | n.a. | 365-370 | |||
| RIO DE JANEIRO* | 328-333 | n.a. | n.a. | 384-389 | |||
| REMARKS | s.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 | |||||||
