
The ULSD futures price settled at its second-highest level in almost two years, up 27.94 cents a gallon in three trading days. The DOE/EIA retail diesel average rose for a second week to $3.624 a gallon, and the fuel surcharge benchmark is expected to rise again the following week.
Cold weather and refinery issues are driving the gains.
The surcharge benchmark rising means higher trucking costs for delivered feed ingredients, which will be passed to buyers. Tight distillate inventories point to continued upward pressure on diesel.
Setelah 39 peristiwa cuaca bullish sebelumnya, ULSD / Solar bergerak median +2,4% selama 5 sesi (59% lebih tinggi; separuh tengah -4,5% sampai +6,1%), dan +8,9% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.