Highlights Latin America’s jet, gasoline, diesel prices jump $7/b to $16/b Tender awards canceled, delayed as companies reassess prices at 9- to 13-year highs Latin American refined product prices spiked $7/b to $16/b March 2 amid global volatility, and these rising prices have triggered a pause or cancellation of buy tenders, especially in the ULSD market as prices broached 2008 levels in the heavily sourced US Gulf Coast. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Refined product prices from Mexico to Argentina are likely at highs unseen in nine to 13 years, following patterns elsewhere in the world. The NYMEX ULSD front-month futures contract jumped 34.36 cents to settle at $3.4947/gal March 2, while NYMEX RBOB settled at $3.3083/gal, up 21.96 cents. Latin America sources its diesel mainly out of the US Gulf Coast, pricing against Platts assessments by S&P Global Commodity Insights for […]