Weekly Asia Base Oil Report: 29 April-05 May 2023
Persistent demand, coupled with sufficient stockpiles, maintained price stability in Asia’s markets. While certain markets exhibited less robust conditions, impending …
Persistent demand, coupled with sufficient stockpiles, maintained price stability in Asia’s markets. While certain markets exhibited less robust conditions, impending …
During a recent presentation at the ICIS Asian Base Oils and Lubricants Conference held in Singapore, industry expert Eugene Tan …
As April comes to an end, the pricing structure in Asia has remained relatively stable due to a balanced supply …
According to a recent webinar by Kline & Co., global lubricant additive consumption surpassed 4 million tons in 2022 and …
The Asian base oil market witnessed steady demand in April 2023, and most base oil grades remained adequately available, contributing …
Despite suppliers hoping for a surge in demand, they are satisfied with the current consumption levels and stable prices in …
The demand for base oils appears to have stagnated, with numerous purchasers refraining from procuring additional volumes due to the …
Although the spring season began with low energy, prices for Asian base oil remained largely steady thanks to a balanced …
A flurry of base oil cargoes was negotiated for transport from Northeast Asia to Southeast Asia and India over the …