Diesel Price Trend and Forecast

Get Real Time Prices

Market Overview

For the Quarter Ending June 2022

North America:

During the second quarter of 2022, the Diesel prices in the North American region observed a constant gyration in the market trajectory amidst the fluctuating Crude Oil market on a global scale. Since the sanctions imposed on Russia by the U.S. and the E.U., Several nations have decided to restrategize to source Crude Oil from other means. Therefore, several northeast Asia players were observed to lean toward the US WTI crude supplies, and in response, the prices for the WTI have soared to historic highs during the second quarter of 2022. This gyration in the upstream energy cycle has impacted the prices of Diesel in the overall North American region.

Asia Pacific:

In the second quarter of 2022, Diesel prices in the Asia Pacific region witnessed a constant fluctuation in the global energy market. The value of the upstream Crude Oil soared amidst the geopolitical tensions among the major economies. The Northeast Asian and pacific players that source hefty volumes of Crude from Russia have restrategized to source from an alternative amidst the sanctions imposed on Russia. Whereas China and India consistently procure their Crude Oil cargoes from Russia after the authorities put a hefty discount on the offers for Russian Ural Crude. Therefore, the overall market dynamics for Diesel showcases different trend on a sub-regional basis.

Europe:

During the second quarter of 2022, the Crude Oil market in the European region observed a persistent gyration besides a consistent bullish trend. This market development came after the imposition of retaliatory sanctions on Russia's energy supplies. In June, the E.U decided on a complete embargo on the Russian Ural with some exceptions. The demand remains high, and the discussions for Diesel in the European market soared to the historical high amidst the high inflation in the regional markets. At the same time, the IEA Global Crude Oil market outlook indicated that the demand for Crude would likely surpass the pre-pandemic levels. The absence of a major supplier will probably support the inflation with a possible chance for a recession in the western regions.

How we can help

ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of Chemanalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.

Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Diesel is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

Learn More

Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

Learn More

Company Profile

Basic details and information on financial performance of leading global players in the Diesel market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

Learn More

Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Diesel manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company's annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Diesel market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry's performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Diesel market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Diesel are analyzed and region-wise demand pattern is tracked.

About

Diesel is an essential fuel oil specially designed for a Diesel-based internal combustion engine (ICE). The most common type of Diesel is a fractional distillate of petroleum fuel oil. Diesel fuel can produce from various sources such as petroleum, biomass, animal fat, Biogas, and coal liquefaction. The fractional distillate of the crude oil at 200-3500C at atmospheric pressure produces the Petroleum bases diesel or Petrodiesel. In comparison, procurement of Diesel through Biomass, animal fat, Biogas, and Coal Liquification is termed, Synthetic Diesel. The major manufacturers of Diesel are IOCL, BPCL, Exxon Mobile, Shell, Saudi Aramco, RIL etc.

Product Specific Details:

CAS No:	68476-34-6
H.S. Code:	27101930
Grade:	Standard, Synthetic
Contract Size:	50-100 MT
Packaging Type:	Drums, Tankerss

Get real-time pricing intelligence for different chemical products traded worldwide under mentioned Incoterms:

Incoterms: FOB/CFR/CIF/Ex-Works/ Ex-Location:

. United States of America (USA)

. China

. Germany

. India

. United Kingdom (U.K.)

. Russia

. Japan

. South Korea

. Saudi Arabia

. United Arab Emirates (UAE)

. Taiwan

. Singapore

. Turkey

. Brazil

. South Africa

Track real-time price movement of 300+ chemical and petrochemical products for informed purchase decisions

Diesel Price Trend and Forecast

Our Clients