U.S. Base Oil Price Report
SK Americas communicated a price increase for its API Group II bright stock, while the market was still digesting the recent round of posted price hikes which were implemented over the last two weeks. This was the second series of increases since March 14, when Motiva first kicked off an initiative for its Group II and III base oils.–by Gabriela Wheeler
EMEA Base Oil Price Report
The Easter holidays intruded on base oil markets this week, as many buyers and sellers vacated their desks to leave business transacting at a slower pace than normal. Most prices in Europe, the Middle East and Africa remained static.–by Ray Masson
SSY Base Oil Shipping Report
Adrian Brown is away. His column will reappear in the May 1 edition of Lube Report Americas.
Asia Base Oil Price Report
The current supply and demand imbalance continued to be a matter of concern for Asian base oil suppliers, as this factor stifled prices at a time when producers hoped to implement increases due to the rise in crude oil, raw material, and transportation costs.–by Gabriela Wheeler
Gerard Mulqueen is head of Songwon's fuels & lubes business.
Kate Slyman is Pilot Chemical's Northeast regional sales manager.
Jon Giberson is president and COO of ARG.