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Marhelm @MarhelmData on x 14.9K followers
Created: 2025-07-08 15:41:23 UTC
LR1-LR2 MEG to NE Asia rate spread nears zero as prompt LR1 supply surges vs LR2s. Weak MEG naphtha flows (-17% Jun) + alt supply routes hit LR2 scale advantage. More parcels likely shifting to LR1s. Expect pressure on LR2 TCEs.
$TRMD
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