# The price of diesel is way down everywhere except the pump - FreightWaves

> Diesel futures and wholesale ULSD prices have fallen roughly 18% since early January, with the CME ULSD settlement dropping from $2.02 to $1.72 per gallon by Jan. 28. Retail diesel has fallen only about 9.5 cents over the same period, leaving a wide retail-wholesale spread.

- Date: 2020-01-28 · published 2020-01-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55256-the-price-of-diesel-is-way-down-everywhere-except-the-pump-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A widening spread between wholesale and retail diesel means fleets and feed transporters are not yet seeing the full benefit of lower fuel costs, which can affect freight rates and delivered feed costs. Wholesale weakness tied to demand concerns points to softer diesel prices ahead if retail catches up.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/the-price-of-diesel-is-way-down-everywhere-except-the-pump

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