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Low water levels on the Rhine are holding back barge movements of ultra-low-sulfur diesel to inland markets. Cargo imports into the ARA hub continue to meet peak summer driving demand, which has built a backlog at the port.
River constraints on European fuel distribution raise logistics costs and can tighten regional diesel supply, which lifts freight costs for European grain and feed movements.
energyintel.comAug 22, 2018After 113 past bullish logistics events, DIESEL moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% 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.
