Asia diesel margins hit record high; timespreads near five-month peak
Asia’s diesel market stayed upbeat, with margins at record highs and timespreads at five-month highs. October spot cargo negotiations were underway for Northeast Asia loading, with two refiners heard closing deals at single-digit premium.
Asia's diesel market stayed firm, with margins at a record high and timespreads at five-month highs as October spot negotiations continued. October cargoes loading from Northeast Asia were still being discussed, with two refiners heard closing deals at single-digit premium to the benchmark.