The dust has begun to settle after a busy week of posted price announcements, although a couple of price reductions will be going into effect this week and activity was somewhat dampened by the Martin Luther King Jr. holiday on Jan. 16. As announced, Paulsboro’s decrease will be implemented on Jan. 19, and on the naphthenic base oils side, San Joaquin Refining joined other suppliers in communicating a downward price adjustment.
Paulsboro will be lowering all of its API Group I prices by 50 cents per gallon. The adjustments are reflected in the Price Table below as they go into effect this week, following a string of announcements by a majority of paraffinic producers and rerefiners.
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