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News & Prices Updates
PPRA's Market Fundamental as at monday, 31th of august, monday , 2010
| CTF(ngn port) | Currency | PMS | AGO | HHK | LPFO |
| Ctf | $ | 0.56 | 0.61 | 0.61 | 0.45 |
| Other Charges: | - | - | - | - | - |
| Landing Cost | Naira | 91.75 | 84.29 | 89.50 | 64.68 |
| Margins | Naira | 13.20 | 13.20 | 13.20 | 11.71 |
| Expected Price | Naira | 104.95 | 97.49 | 102.70 | 76.39; |
| Retail Price | Naira | 65.00 | 95.50 | 70.20 | 87.89 |
| PPMC Ex Depot Price | Naira | 55.90 |
| Storage | Prices (Naira) | |
|---|---|---|
| PMS | nipco | 55 |
| AGO | zenon | 96 |
| DPK | A-Z | 75 |
| LPFO | PPMC | 70 |
Monthly moving average product cost as quoted on platts oilgram:
| product | PMS | AGO | HHK | LPFO |
|---|---|---|---|---|
| $/MT | $616.55 | $502 | $544.29 | $361.79 |
| Ibadan | Abuja | Kaduna | Ekiti | Owerri | Sokoto | Uyo | Enugu | |
|---|---|---|---|---|---|---|---|---|
| Lagos | #3 | #5 | #8 | #4 | #8 | #13 | #7 | #7 |
- Exchange Rate: 152. 67 (Naira to Dollar)
- Crude Oil Price Hits $72:
Crude Oil Now sells for $72 per barrel. - Average clean tanker freight rate world scale (ws100) as quotted on platts NWE to west africa = $10 M/T .
- Haulage Cost within Lagos = #2.50/litres
Average Haulage Cost From Lagos:
By F & A transport Ltd.
- Shuttling Vessel Chartering Cost:
- (Lagos) Outside Bar --> Apapa(Lagos) --> #1.70
- ______ Outside Bar --> P/Harcourt --> #2.80
- ______ Lagos --> P/Harcourt --> #2.80
- ______ Lagos --> Warri--> #2.80
Other Charges; contact: Karina Nigeria Ltd.
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