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Diesel EN590 Market Heats Up:

  • Writer: Dinko Tudor
    Dinko Tudor
  • Jul 21
  • 2 min read
fuel diesel hose

Rising Prices & Tight Supplies Drive Urgent Negotiations

As of July 2025, the global Diesel EN590 market is experiencing a significant shift. Prices are climbing, supply is tightening, and negotiations are intensifying across key trading hubs like ARA (Amsterdam-Rotterdam-Antwerp) and the Middle East. If you’re a buyer, seller, or broker involved in diesel trade, this update is for you.


Market Trends: Diesel Prices on a Bullish Streak

Ultra-low sulfur diesel (ULSD) prices have surged for five out of the past six weeks, rising by nearly $0.30/gal since early June. The diesel market is outpacing Brent crude, with ULSD futures up 16.9% compared to Brent’s 7% (FreightWaves).


This bullish trend is being driven by:

  • Tightened inventories in Europe and the U.S.

  • OPEC+ output limits

  • Shipping regulation changes

  • Seasonal demand increases in regions like North Africa and the Middle East


The latest Platts EN590 price benchmark is around $712–722/MT, reflecting strong buying interest and constrained availability.


Negotiations: Firm Contracts & Price Locks

With tightening inventory and volatile prices, both buyers and sellers are entering more rigid negotiation environments. A recent case in Europe highlighted a three-month price-lock agreement by a major buyer to mitigate price spikes.


Meanwhile, international traders are listing EN590 offers marked “open to negotiation” for bulk volumes (e.g., 100,000 MT), showing flexibility in terms but urgency in execution.



Supply Risk in ARA and MENA

The ARA region is under pressure due to limited restocking and rising export commitments. Many traders are experiencing delayed loadings or reduced availability, prompting a more aggressive stance in deal-making.


In the Middle East, political tension and strong domestic consumption have further reduced the availability of spot deals, especially for EN590 10ppm diesel.


Buyer & Seller Takeaways

Buyers:

  • Consider price lock options or forward contracts to hedge against volatility.

  • Focus on verified supply chains and full documentation.

  • Engage early to avoid delays or missed allocations.


Sellers:

  • Use the current bullish market to negotiate firm payment terms and proof-of-funds upfront.

  • Highlight Platts-linked pricing and logistics readiness to stand out.


Final Thoughts


We are entering a critical phase for EN590 diesel trading where informed decisions, speed, and clarity in negotiations can make or break a deal. With global forces pushing prices upward and tightening supply chains, now is the time to act strategically.


Need help with EN590 negotiation templates, due diligence, or market intelligence? Contact our fuel trade desk today.


 
 
 

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