# Key price spread in diesel market affirms tightening inventories - FreightWaves

> U.S. and global diesel inventories are declining, and the ULSD forward curve has shifted in a way that signals tighter storage. The spread between first-month and 12-month prices opened the year in backwardation.

- Date: 2020-12-17 · published 2020-12-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49836-key-price-spread-in-diesel-market-affirms-tightening-inventories-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Falling diesel stocks and a flattening curve support prompt diesel prices, which feed through to trucking and freight costs for feed deliveries.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- freightwaves.com: https://www.freightwaves.com/news/key-price-spread-in-diesel-market-affirms-tightening-inventories

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