# Diesel margins tank as market weighs possible China exports | Air Freight News

> Diesel margins fell sharply in Europe, the US, and Singapore as traders weighed a possible Chinese fuel export quota of 1.5 million tons. Europe's ICE gasoil crack dropped to its lowest in over a month but remains roughly triple its five-year seasonal average.

- Date: 2022-09-14 · published 2022-09-14T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/39779-diesel-margins-tank-as-market-weighs-possible-china-exports-air-freight-news
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Potential Chinese diesel exports would add supply to global markets and weigh on prices in other regions. Diesel is shipped by tanker, so a surplus in one region pressures prices elsewhere.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-03-13 | [Russia ramps up fuel exports in fight for European market](https://feedsoft.ai/events/66207-russia-ramps-up-fuel-exports-in-fight-for-european-market.md) | +2.6% | +11.1% |
| DIESEL | 2025-04-10 | [Brazil’s Diesel Market Shifts Amid Trump Tariffs, Petrobras Cuts - EnergiesNet](https://feedsoft.ai/events/12528-brazil-s-diesel-market-shifts-amid-trump-tariffs-petrobras-cuts-energiesnet.md) | +0.2% | -3.3% |
| DIESEL | 2022-10-20 | [Asia, Middle East ramp up diesel exports to Europe in October](https://feedsoft.ai/events/10940-asia-middle-east-ramp-up-diesel-exports-to-europe-in-october.md) | +7.9% | -3.8% |
| DIESEL | 2025-03-28 | [Distillate summary: West of Suez diesel margins slide on tariffs](https://feedsoft.ai/events/25788-distillate-summary-west-of-suez-diesel-margins-slide-on-tariffs.md) | -4.3% | -4.9% |
| DIESEL | 2019-06-07 | [Fuels Market Watch Weekly, June 7th Edition - Crude, Gas, Diesel Forward Prices](https://feedsoft.ai/events/10750-fuels-market-watch-weekly-june-7th-edition-crude-gas-diesel-forward-prices.md) | +0.4% | +6.0% |

## Sources

- airfreight.news: https://airfreight.news/articles/full/diesel-margins-tank-as-market-weighs-possible-china-exports

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.