# Port Report: truckers beware – IMO 2020 will cause fuel prices to “go through the roof” - FreightWaves

> Ocean shipping experts at Marine Money Week Asia in Singapore warned that the IMO 2020 rule, which cuts the marine fuel sulfur limit to 0.5% from January 1, will be hard to meet. They said low-sulfur fuel supply is uncertain, scrubbers are unsustainable, and ships will quickly exhaust low-sulfur stockpiles. One expert predicted prices would "go through the roof."

- Date: 2019-09-27 · published 2019-09-27T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/57266-port-report-truckers-beware-imo-2020-will-cause-fuel-prices-to-go-through-the
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Tighter demand for compliant low-sulfur fuel could push up diesel and marine fuel prices, raising freight and fuel costs for feed ingredient logistics.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2019-02-01 | [A trade gets done in Singapore and gives a hint what will happen to fuel prices under IMO2020 - FreightWaves](https://feedsoft.ai/events/60790-a-trade-gets-done-in-singapore-and-gives-a-hint-what-will-happen-to-fuel-prices.md) | +1.4% | +6.7% |
| DIESEL | 2019-05-08 | [How trucking can mitigate risks of IMO 2020 marine fuel rule - FreightWaves](https://feedsoft.ai/events/59257-how-trucking-can-mitigate-risks-of-imo-2020-marine-fuel-rule-freightwaves.md) | +1.1% | -12.7% |
| DIESEL | 2019-10-26 | [FreightWaves oil report: Valero's conference call had little good news on the impact of IMO 2020 - FreightWaves](https://feedsoft.ai/events/56765-freightwaves-oil-report-valero-s-conference-call-had-little-good-news-on-the.md) | -2.5% | -2.3% |
| DIESEL | 2021-04-21 | [Renewable fuel requirements threaten to play bigger role in diesel price - FreightWaves](https://feedsoft.ai/events/47457-renewable-fuel-requirements-threaten-to-play-bigger-role-in-diesel-price.md) | +1.6% | +9.6% |
| DIESEL | 2019-10-06 | [FreightWaves oil report: physical diesel markets strengthen; IMO 2020 link eyed - FreightWaves](https://feedsoft.ai/events/56766-freightwaves-oil-report-physical-diesel-markets-strengthen-imo-2020-link-eyed.md) | +3.3% | +1.8% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/port-report-truckers-beware-imo-2020-will-cause-fuel-prices-to-go-through-the-roof

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