
ICE gasoil rose more than 4% in one session, reversing two weeks of weakness, as the EU cleared its 19th Russia sanctions package. The rally tightened forward spreads, firmed refining cracks and lifted biodiesel and renewable diesel economics.
The article says the move was energy-led rather than driven by any improvement in feedstock fundamentals.
Higher diesel prices improve biodiesel and renewable diesel margins, but the gain is driven by energy markets rather than tighter vegetable oil supply. Feedstock prices may not follow the diesel move.
過去の強気な地政学イベント250件の後、ULSD / ディーゼル は5営業日で中央値 +1.7% 動き(58% が上昇。中央50%は -3.6% から +8.7%)、20営業日では +0.9% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
ICE gasoil rose over 4% in one session on Oct 22 as the EU cleared its 19th Russia sanctions package, reversing two weeks of weakness and tightening spreads.
ICE gasoil rose more than 4% as the EU cleared its 19th sanctions package, tightening spreads and cracks and supporting the diesel rally, though the date is a day early.