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Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT JULY 08, 2021

PRIME’S DAILY MARKET REPORT JULY 08, 2021

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PRIME’S DAILY MARKET REPORT JULY 08, 2021

Irene K. Notias

SOURCES: Phys. Suppliers, Reuters

CRUDE OIL FUTURES @ 13:40 WTI $71.43bbl ↓0.77 Brent $72.80/bbl ↓0.63 Gasoil ↑0.75
 PORTS  (Del.costs)VLSFO (0.5%)RMG380DMA LSCOMMENTS/EARLY DEL. DATES
PIRAEUS (mtw)575-580s.i.615-620firm prices s.i.-avails
MALTA514-519s.i.594-599
GIBRALTAR (mtd/mtw)523-528447-452605-610
ISTANBUL (mtw)540-545s.i.630-635
NOVOROSSIYSK500-505415-420600-605
ROTTERDAM508-513s.i.571-576
LAS PALMAS 528-533450-455610-615
LOME anch*546-551s.i.651-656firm prices s.i. 
ALGOA BAY585-590s.i.720-725firm prices s.i.-avails
FUJAIRAH538-543410-415630-635
COLOMBO570-575s.i.675-680
SINGAPORE543-548424-429594-599earl del Jul 14
ZHOUSHAN548-553s.i.621-626
BUSAN577-582442-447622-627
HOUSTON* (mtw)537-542425-430618-623
PANAMA* (mtw)543-548430-435658-663
RIO DE JANEIRO*560-565n.a.705-710  
 REMARKSs.i. = subject inquiry,  n.a = not available,   s.a. = subj. avails   
 RME180, DMA & DMB prices, where avail, will be subj to inquiry  
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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