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SINGAPORE, Oct 14 (Reuters) — Asia's diesel cash premiums slipped to three-month lows, with the backwardation in prompt timespread values narrowing further, though spot window trading activity remained tepid. Some buying interest surfaced from a key regional importer for November shipments, while deals were done in nor
Asia’s diesel cash premiums slipped to three-month lows as prompt timespread backwardation narrowed. Spot-window trading remained tepid, though some buying interest emerged for November shipments.
SINGAPORE, Oct 13 (Reuters) — Asia's diesel prompt timespreads softened, against a backdrop of softening ICE gasoil futures, though spot window activity remained tepid. Easing tight supply concerns remained the market's key focus, while regional refiners continue to engage in spot sale activities for both October and N
Asia's diesel refining margins fell to a two-month low as ICE gasoil futures declined nearly 3%. Cash premiums also hit three-month lows, but spot window activity increased.
Asia's diesel markets experienced pressure, with margins dropping to a two-month low and cash premiums reaching three-month lows, influenced by a nearly 3% decrease in ICE gasoil futures. Spot window liquidity, however, saw an increase.