# Diesel prices: Winds are changing - DHL Freight Connections

> Commerzbank says diesel is near fall 2014 price levels at about $700 per ton wholesale, with crude driving the increase. Market supply is currently ample after Saudi and Russian output increases and rising US production, but Iran sanctions fears support prices. Recent inventory rebuilds and record Chinese diesel exports point to easing prices.

- Date: 2018-09-26 · published 2018-09-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/63231-diesel-prices-winds-are-changing-dhl-freight-connections
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Rising Chinese diesel exports and inventory rebuilding suggest softer diesel prices, which would reduce logistics and feed-processing costs.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- dhl-freight-connections.com: https://dhl-freight-connections.com/en/trends/diesel-prices-q3-2018/

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