# Diesel Prices Remain Stable as IMO 2020 Mandate Set to Begin - TT

> Industry analysts say diesel supplies are adequate ahead of the January 1, 2020 IMO mandate cutting marine fuel sulfur to 0.5%. Ships have prepositioned diesel and many will use scrubbers rather than switch fuels.

- Date: 2019-12-30 · published 2019-12-30T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/55746-diesel-prices-remain-stable-as-imo-2020-mandate-set-to-begin-tt
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Adequate prepositioned supply lowers the risk of a diesel price spike from the IMO transition, which is bearish for diesel-linked freight costs. Shipping fuel demand shifts could still add some volatility.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2020-01-28 | [Diesel Fuel Market Stable as IMO Mandate Takes Hold - TT](https://feedsoft.ai/events/55257-diesel-fuel-market-stable-as-imo-mandate-takes-hold-tt.md) | -5.8% | -6.1% |
| DIESEL | 2023-02-10 | [U.S. diesel prices drop as Europe's ban on Russian imports begins](https://feedsoft.ai/events/37497-u-s-diesel-prices-drop-as-europe-s-ban-on-russian-imports-begins.md) | -0.8% | -1.1% |
| DIESEL | 2022-07-08 | [Global diesel demand starts to slacken as economy falters \| Reuters](https://feedsoft.ai/events/11245-global-diesel-demand-starts-to-slacken-as-economy-falters-reuters.md) | -0.3% | -10.3% |
| DIESEL | 2023-12-14 | [Global diesel shortage eases after summer surge in prices \| Reuters](https://feedsoft.ai/events/32877-global-diesel-shortage-eases-after-summer-surge-in-prices-reuters.md) | +5.8% | +4.9% |
| DIESEL | 2023-04-06 | [Global diesel prices fall as economic slowdown intensifies](https://feedsoft.ai/events/36585-global-diesel-prices-fall-as-economic-slowdown-intensifies.md) | -2.0% | -18.8% |

## Sources

- ttnews.com: https://www.ttnews.com/articles/diesel-prices-remain-stable-imo-2020-mandate-set-begin

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