
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.
Na 250 eerdere opwaarts geopolitiek-gebeurtenissen bewoog ULSD / Diesel zich mediaan +1,7% over 5 sessies (58% hoger; middelste helft -3,6% tot +8,7%), en +0,9% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
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.