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Deliveries on the ICE November low-sulphur gasoil contract reached 1,188 lots, equal to 118,800 metric tons, at expiry, up from 439 lots in October, according to Intercontinental Exchange data. The contract expired at $1,313 per tonne.
Heavier delivery volume at expiry points to ample physical diesel supply available for delivery, which can ease prompt pressure on diesel-linked freight costs. The effect on feed ingredients is limited.
Not enough comparable past events yet for a historical read.
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.