# ULSD hits record highs for USGC, IPP prices as Latin America cargo demand surges -Platts - EnergiesNet

> Platts assessed the US Gulf Coast ULSD pipeline benchmark at a record $4.5509/gal on June 16, with Peru's import parity hitting a record $195.63/b. US diesel exports rose 15% week on week to 1.38 million b/d as Latin American buyers bid for cargoes.

- Date: 2022-06-17 · published 2022-06-17T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/41118-ulsd-hits-record-highs-for-usgc-ipp-prices-as-latin-america-cargo-demand-surges
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Strong export pull from Latin America keeps US diesel prices at record levels, raising freight and processing costs across the feed supply chain.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2024-07-24 | [US diesel exports to Europe hit record high despite lackluster demand](https://feedsoft.ai/events/29466-us-diesel-exports-to-europe-hit-record-high-despite-lackluster-demand.md) | -3.1% | -6.7% |
| DIESEL | 2022-06-15 | [Latin America adjusts to third wave of import diesel prices reaching record levels \| World Ports Organization](https://feedsoft.ai/events/41122-latin-america-adjusts-to-third-wave-of-import-diesel-prices-reaching-record.md) | -0.3% | -16.3% |
| DIESEL | 2026-05-05 | [Booming US energy exports draw scrutiny as domestic fuel prices bite \| Reuters](https://feedsoft.ai/events/19458-booming-us-energy-exports-draw-scrutiny-as-domestic-fuel-prices-bite-reuters.md) | -1.8% | -9.5% |
| DIESEL | 2022-05-06 | [U.S. fuel prices surge faster than crude as exports tighten market](https://feedsoft.ai/events/41591-u-s-fuel-prices-surge-faster-than-crude-as-exports-tighten-market.md) | +2.0% | -2.9% |
| DIESEL | 2020-04-22 | [Hopes for US Revival Draw ULSD From Europe \| Energy Intelligence](https://feedsoft.ai/events/53807-hopes-for-us-revival-draw-ulsd-from-europe-energy-intelligence.md) | -15.4% | +28.7% |

## Sources

- energiesnet.com: https://energiesnet.com/ulsd-hits-record-highs-for-usgc-ipp-prices-as-latin-america-cargo-demand-surges-platts/

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