Weekly Asia Base Oil Report: 23 – 29 September 2023
The base oil market in Asia faced growing pressure due to tightening supply and demand dynamics, exacerbated by surging prices …
The base oil market in Asia faced growing pressure due to tightening supply and demand dynamics, exacerbated by surging prices …
Market participants closely monitored the base oil landscape, with a keen eye on the fluctuations in crude oil and feedstock …
Steadfast fluctuations in crude oil and raw material prices, along with tightening supplies, either lent their support to prevailing price …
Base oil prices in the Asian market remained relatively steady to higher, driven by robust crude oil and feedstock costs …
Concerns have emerged regarding the stability of various Asian nations due to the ongoing economic fluctuations in China. Being the …
The landscape of the Asian base oils market was undergoing a notable transformation, as recent patterns seemed to veil their …
Divergent patterns emerged within the Asian base oils markets, unveiling a spectrum of price movements. Certain grades experienced a subtle …
Reduced interest in major markets and abundant stockpiles persisted in driving down select base oil costs across Asia. Meanwhile, different …
Amidst fluctuating prices and uncertain demand projections for lubricants, base oil consumers hesitated to acquire large shipments. Many blenders opted …