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Diesel in Singapore has fallen to its widest discount to European prices since April, according to Bloomberg data. Traders may ship excess Asian diesel west to Europe as the Delta variant spreads across Asia, as they did during the 2020 pandemic.
A growing Asian surplus and a wider Europe premium pull diesel cargoes westward, which can ease European diesel prices and weigh on Asian product markets. Shipping demand for tankers would also rise on the route.
airfreight.newsBloomberg22 aug 2021
bloomberg.comElizabeth Low23 aug 2021Na 28 eerdere neerwaarts handel-gebeurtenissen bewoog ULSD / Diesel zich mediaan -0,1% over 5 sessies (50% hoger; middelste helft -5,0% tot +1,7%), 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.
