Weekly Asia Base Oil Report: 25 February-03 March 2023
Although some areas of the market have begun to exhibit a modest build-up of products due to maximum operating rates …
Although some areas of the market have begun to exhibit a modest build-up of products due to maximum operating rates …
Although crude oil and feedstock values have decreased, demand for base oil has begun to show indications of rebounding, and …
As traders returned to the market after vacations and several weeks of quiet trading, base oil market activity in Asia …
Last week in several Asian countries, the celebration of the Lunar New Year caused a decrease in economic activities, and …
Due to the beginning of the new year and changes in fundamental factors, the base oil market has not yet created a clear trend and prices have not increased significantly compared to last year. In this article, we have reviewed the price, supply and demand and trend of base oil in the past week.