# Weekly Asia and Europe distillates round up: Diesel crashes over $500/mt in one day

> Benchmark ULSD barges in ARA (Amsterdam-Rotterdam-Antwerp) fell $506.50 per tonne ($59.38 per barrel) on Thursday, March 10, 2022, likely the largest single-day price drop on record. The decline follows a surge in European diesel prices earlier in the month.

- Date: 2022-03-11 · published 2022-03-11T12:00:00.000Z
- Category: market · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/4719-weekly-asia-and-europe-distillates-round-up-diesel-crashes-over-500-mt-in-one
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A crash of this size signals that European diesel tightness has eased sharply, which lowers fuel and freight costs for European feed logistics. Prices remain highly volatile, so buyers should expect further swings.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- qcintel.com: https://www.qcintel.com/article/weekly-asia-and-europe-distillates-round-up-diesel-crashes-over-500-mt-in-one-day-4680.html

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