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OPIS expanded its Global Marine Fuels Report to cover more bunker ports in Asia, Europe and the Americas, and added US ULSD rack and spot benchmarks. The company said the report is essential ahead of IMO 2020 restrictions taking effect.
This is a price-reporting product update with no new supply or demand event, so it has no direct price implication for feed commodities.
opis.comDec 23, 2019After 224 past report events, ULSD / Diesel moved a median -0.3% over 5 sessions (45% higher; middle half -3.9% to +2.5%), and +0.3% over 20.
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.
