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S&P Global Platts will raise the cargo size of its Long Range 1 USGC-Japan/South Korea tanker assessment from 55,000 mt to 60,000 mt effective February 1, 2018. The change reflects larger cargoes passing the expanded Panama Canal.
This is a benchmark methodology change for refined product tanker freight with little direct effect on feed or grain prices.
After 153 past logistics events, ULSD / Diesel moved a median +0.4% over 5 sessions (52% higher; middle half -2.7% to +4.0%), 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.