Refined product prices tumble in Latin America despite rising July imports

Prices for delivered refined product cargoes to Latin America plunged July 5 on US recession fears despite significant regional imports from the US that sources said were shaping up to exceed the record level hit in April. Platts assessments for eastern Mexico CIF cargoes dropped $23.09/b on the day to $138.04/b for gasoline and fell $14.88 to $150.12/b for ULSD,…