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Valero officials said on their third-quarter earnings call that diesel spreads versus Brent have widened over recent weeks, and that IMO 2020 likely plays a role. The crack spread between Brent and ULSD averaged $21.66/bbl since October 1, versus $16.44 in the first half of the year.
Expectations of stronger marine demand for low-sulfur distillate under IMO 2020 are lifting diesel prices relative to crude. That supports diesel-linked freight and fuel costs for feed mills and haulers.
freightwaves.comJohn Kingston26 oct 2019Tras 90 eventos alcista de política pasados, ULSD / Diésel se movió una mediana de +1,4 % en 5 sesiones (66% al alza; mitad central entre -1,9 % y +4,1 %), y +0,1 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
