Asia Distillates-Margins flat; paper activity ticks up with June-July spread backwardated

Capt. John

Asia’s middle distillates markets were little changed after previous session’s weakness, as paper market activity picked up, though physical cargo activity thinned at the month-end and ahead of July spot discussions. Downside pressures were mostly attributed to a build-up in stockpiles in the West,...

https://www.hellenicshippingnews.com/asia-distillates-margins-flat-paper-activity-ticks-up-with-june-july-spread-backwardated/

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