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The diesel East of Suez futures spread widened to its highest level since late March. Increased regional supplies in Asia and weak arbitrage economics drove the widening.
Growing Asian diesel supply and weak arbitrage pressure regional prices lower. The effect on US feed logistics costs is indirect.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.