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Asian middle distillate markets started the September 20-24 week steadily, with ICE November Brent down 52 cents to $75.31 a barrel. Jet fuel spreads widened and the FOB Singapore jet differential flipped to a premium.
Routine regional pricing indicators show modest moves without a new supply shock. Impact on feed commodity prices is limited.
spglobal.comAmy Tan, Clarice Chiam, Frank ZengSep 20, 2021Not 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.
