In anticipating the price impact on diesel prices from the launch of IMO 2020 on January 1 – with any impacts expected to start before that – most forecasters have been fairly moderate in their outlook, with some exceptions, reports Freight Waves.
But Fitch Solutions, a unit of Fitch Group, recently came out with its forecast. Prominent in the title is the ‘S’ word – spike.
“Diesel: Tighter Shipping Rules to Lead Large Price Spike in 2020” is the title of the report.
What’s in the report?The...
http://mfame.guru/imo-2020-makes-diesel-prices-to-spike-as-refineries-scale-up/