Ultra low sulfur diesel delivered and import parity prices raced past $120/b in several Latin American countries Feb. 14, but the highest prices in over seven years hardly slowed a flurry of distillate tenders from the region, including the most recent one seeking 2.52 million barrels of high sulfur diesel for Ecuador. S&P Global Platts .
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US refined product exports to Latin America have returned to prepandemic levels, and market sources expect more of the same as the strong summer demand and heat waves have increased tender activity. Market sources said Feb. 2 that it feels like pandemic worries are weighing less on product import activity, despite high outright prices and .
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