Asia

China’s lubricant industry stands to benefit from the government’s economic stimulus pledges aimed at stemming the current economic instability, s ...

Base oil imports to China fell 35% in September, compared to the same month of 2023, as 2024’s demand for foreign base stocks continued running behi ...

Reports suggested that base oil prices continued diverging in Asia. Values for some grades fell on growing supplies, many remained steady on balanced ...

Some buyers and sellers appeared to have adopted a wait-and-see position as uncertainties continued to cloud the price situation in Asia. Crude oil an ...

Aorun is a relative newcomer to the lubricant additives business and is one of several Chinese companies looking to supply high-volume commodities, su ...

Sales of finished lubricants in Japan sank to 128,888 kiloliters in August, the lowest level in 17 months, according to the latest information from th ...

While there was a moderate uptick in base oil buying interest in some countries in Asia, many buyers remained cautious because prices seemed to be pul ...

China’s leader Xi Jinping has prioritized supply chain self-reliance, leading Chinese manufacturers to prefer compatriots in the the metalworking fl ...

Just like base oil consumers and suppliers in the United States built additional inventories ahead of the hurricane season in case of weather-related ...

Chinese metalworking fluids producers are following their automotive clients as they seek out new markets, especially those along China’s so-called ...

Base oil prices continued to be pulled in different directions in Asia, depending on supply and demand fundamentals and prospects of a seasonal uptick ...

Base oil exports from South Korea jumped to 428,719 metric tons in August, according to new data from the country’s Customs Service, a 35% increase ...

The base oils market appeared to be going through a transitional period, with buyers assessing future product needs and waiting for more definitive si ...

Many expected buying activity to improve over the next few weeks. But sluggish lubricant demand, falling crude oil and feedstock prices, severe region ...

July base oil imports to China fell 14% from the same month of 2023 as domestic lubricant demand remained lukewarm and local refiners offer a surplus ...

Base oil markets in Asia appeared to be in a holding pattern, as many buyers preferred to delay fresh purchases until a clearer price direction emerge ...

Armed by big data and social media apps, ExxonMobil’s auto care chain in China, Mobil No.1 Select, is going full length to woo a young generation of ...

Base oil activity was still fairly subdued in Asia, even though September and October shipment discussions should have been in full swing. Some partic ...

Fierce competition and weak demand are pushing small companies in China’s lube industry to dig deeper to find opportunities, said speakers at an ann ...

Suppliers have their sights set on September, hoping that the end of the rainy season in some parts of the region and the arrival of Fall in others wo ...