Asia

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Weekly Asia Base Oil Price Report

June 16, 2025

Volatile crude oil prices introduced uncertainty into base oil markets in Asia and partly offset the downward pressure e ...

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Weekly Asia Base Oil Price Report

June 9, 2025

Base oil prices were generally stable to slightly higher in Asia, with supply and demand attaining a more balanced ratio ...

Reality Check for China’s Additive Self-reliance

Reality Check for China’s Additive Self-reliance

June 9, 2025

The trade war between China and the United States emphasized the need for a highly controlled domestic supply chain acro ...

Zeller+Gmelin Opens Lube Plant in China

Zeller+Gmelin Opens Lube Plant in China

June 3, 2025

Zeller+Gmelin, a chemical company based in Germany, has opened a lubricant production facility in Huzhou, China, as part ...

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Weekly Asia Base Oil Price Report

June 2, 2025

The Asian base oils market has entered a more restrained demand period because of seasonal events such as the monsoons i ...

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Weekly Asia Base Oil Price Report

May 26, 2025

Base oil prices were mixed because of slowing demand from some segments – a trend that was partly offset by curtailed ...

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Weekly Asia Base Oil Price Report

May 19, 2025

The price of some base oil grades was firm in Asia because of tight supply and demand conditions, while others were stan ...

China Base Oil Imports Dip in First Quarter

China Base Oil Imports Dip in First Quarter

May 14, 2025

Base oil imports to China sank further during the first quarter of the year, falling 20% from the same period of last ye ...

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Weekly Asia Base Oil Price Report

May 12, 2025

The return of market players following national holidays in several countries spurred slightly increased activity, altho ...

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Weekly Asia Base Oil Price Report

May 5, 2025

Base oil prices were mostly steady-to-firm in Asia on persistently tight supply of some grades given a string of plant t ...

Base Oil Remains S-Oil’s Breadwinner

Base Oil Remains S-Oil’s Breadwinner

April 29, 2025

S-Oil’s base oil unit looks to be the only part of its operations to be in profit this quarter.

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Weekly Asia Base Oil Price Report

April 28, 2025

Tight conditions in the API Group I and Group II segments and higher feedstock prices supported generally steady pricing ...

New Perstorp Lab in Shanghai

New Perstorp Lab in Shanghai

April 28, 2025

Perstorp and BRB have opened a new research laboratory in Shanghai, China.

Lubrizol Gets China’s GB D1 Standard

Lubrizol Gets China’s GB D1 Standard

April 23, 2025

Lubrizol CV1150 heavy duty motor oil additive package meets China’s GB D1 specification for heavy duty engines.

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Weekly Asia Base Oil Price Report

April 21, 2025

Base oil prices were steady-to-soft on limited tr\ading given tight supplies of some grades and sluggish demand from dow ...

Fuchs Inks Deal with Sinopec Lubricants

Fuchs Inks Deal with Sinopec Lubricants

April 16, 2025

Sinopec Lubricant Co. and Fuchs China signed an agreement that could solve supply chain challenges and enhance ...

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Weekly Asia Base Oil Price Report

April 14, 2025

Activity was somewhat subdued in Asian base oil markets, as many uncertainties continued to temper buyers’ enthusiasm. ...

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Weekly Asia Base Oil Price Report

April 7, 2025

Asian base oil markets seemed to be in a holding pattern as economic uncertainties and a tight supply scenario dampened ...