As we reach the middle of June 2025, the EN590 10ppm diesel market is experiencing notable shifts, with prices showing moderate upward movement due to a combination of supply constraints, steady demand, and global economic factors. Currently, EN590 diesel is priced at approximately $722 per metric ton ($0.639 per litre) in key European markets, reflecting a modest increase in recent weeks.

Key Drivers of Market Movements

• Tightening Supply: Diesel inventories across Europe, particularly in the Amsterdam-Rotterdam-Antwerp (ARA) region, have continued to decrease, creating upward pressure on prices. The region has seen a significant drawdown in stocks, and ongoing refinery maintenance schedules are expected to limit output, further constraining supply. This situation is expected to persist into the summer months, adding potential volatility to the market.
• Geopolitical and Global Risks: Geopolitical risks remain a major factor impacting diesel prices. Tensions in key oil-producing regions, such as the Middle East and parts of Africa, continue to create uncertainty in the market. Any disruptions to oil supply chains, or increases in shipping costs, could add further pressure to the price of diesel.
• Demand Dynamics: Diesel demand in Europe remains steady, driven by the transportation and logistics sectors, which rely heavily on high-quality fuels like EN590. However, the shift towards electric vehicles and alternative fuels in some regions has contributed to a slight deceleration in overall diesel demand growth. Still, core demand from commercial sectors like trucking and shipping continues to be the main driver of the market.
• Market Sentiment: The futures market reflects cautious optimism, with prices expected to experience gradual upward movement as we move into the second half of the year. Market participants are closely monitoring supply chain developments and any further geopolitical issues that could trigger sharp price fluctuations.
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Price Movements and Trends

Since the start of June, prices for EN590 diesel have risen slightly, reflecting tighter supply conditions and market sentiment. While still lower than the highs of 2024, prices are showing signs of stabilizing at current levels. Buyers should be aware that the tightening of inventories and potential supply disruptions could push prices higher as we approach the summer months.

What Does This Mean for Buyers?

• Consider Locking in Prices: With supply continuing to tighten and geopolitical risks lingering, now may be an opportune time to lock in prices before further increases. Securing diesel at current rates can protect against potential price hikes in the coming weeks.
• Focus on Reliable Suppliers: As the market tightens, ensuring you have secured contracts with dependable suppliers will be crucial. Delays or disruptions are more likely during this period, so having a reliable partner who can guarantee timely delivery is key to maintaining your operations without interruption.
• Regulatory Compliance Is Crucial: With Europe’s ongoing focus on reducing sulfur emissions and increasing biodiesel content, it’s vital to ensure your purchases meet EN590 specifications. This includes confirming that your suppliers adhere to the 10ppm sulfur content standard to ensure compliance with European regulations.



Looking Ahead

The EN590 diesel market is likely to remain dynamic as we continue through June and into the summer. With tightening supply and ongoing geopolitical concerns, buyers should remain proactive in securing their fuel needs at favorable prices.

At AuctorATG, we’re committed to providing our clients with the latest insights and support to navigate these challenging market conditions. By staying informed and locking in contracts ahead of potential price increases, buyers can ensure they are well-positioned for the remainder of the year.