# Latin America adjusts to third wave of import diesel prices reaching record levels | World Ports Organization

> Latin American countries from Mexico to Argentina are buying diesel in large volumes as a third wave of near-record import prices hits the region. Mexico's Salina Cruz refinery disruption and Argentina's harvest and winter demand are driving purchases, while Colombia is exporting ULSD again.

- Date: 2022-06-15 · published 2022-06-15T12:00:00.000Z
- Category: trade · region Latin America · magnitude medium
- Page: https://feedsoft.ai/events/41122-latin-america-adjusts-to-third-wave-of-import-diesel-prices-reaching-record
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Heavy Latin American import demand keeps diesel prices high and tightens global product supply, supporting fuel and freight costs.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2022-06-17 | [ULSD hits record highs for USGC, IPP prices as Latin America cargo demand surges -Platts - EnergiesNet](https://feedsoft.ai/events/41118-ulsd-hits-record-highs-for-usgc-ipp-prices-as-latin-america-cargo-demand-surges.md) | -5.1% | -19.9% |
| DIESEL | 2017-05-04 | [The World Is Buying American Diesel as Fast as Refiners Can Make It - Bloomberg](https://feedsoft.ai/events/71184-the-world-is-buying-american-diesel-as-fast-as-refiners-can-make-it-bloomberg.md) | +0.3% | +1.8% |
| DIESEL | 2026-05-20 | [Spare a thought for the world's biggest diesel importers \| Reuters](https://feedsoft.ai/events/19456-spare-a-thought-for-the-world-s-biggest-diesel-importers-reuters.md) | -14.0% | -24.7% |
| DIESEL | 2021-10-22 | [China's CNOOC makes rare diesel imports, trading sources say](https://feedsoft.ai/events/44752-china-s-cnooc-makes-rare-diesel-imports-trading-sources-say.md) | -1.6% | -6.6% |
| DIESEL | 2026-05-07 | [Record oil exports could drive U.S. diesel and gas supply shortages just as summer travel starts - MarketWatch](https://feedsoft.ai/events/19460-record-oil-exports-could-drive-u-s-diesel-and-gas-supply-shortages-just-as.md) | +5.0% | -3.8% |

## Sources

- worldports.org: https://www.worldports.org/latin-america-adjusts-to-third-wave-of-import-diesel-prices-reaching-record-levels/

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