Asia

Stimulus Should Boost China Market

Stimulus Should Boost China Market

October 30, 2024

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

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China Base Oil Imports Down Again

October 30, 2024

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

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Weekly Asia Base Oil Price Report

October 28, 2024

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

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Weekly Asia Base Oil Price Report

October 21, 2024

Some buyers and sellers appeared to have adopted a wait-and-see position as uncertainties continued to cloud the price s ...

Chinese Adco Eyes Foreign Markets

Chinese Adco Eyes Foreign Markets

October 16, 2024

Aorun is a relative newcomer to the lubricant additives business and is one of several Chinese companies looking to supp ...

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Japan Sales Plunged in August

October 16, 2024

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

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Weekly Asia Base Oil Price Report

October 14, 2024

While there was a moderate uptick in base oil buying interest in some countries in Asia, many buyers remained cautious b ...

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Domestic Preferences Bring Challenges

October 9, 2024

China’s leader Xi Jinping has prioritized supply chain self-reliance, leading Chinese manufacturers to prefer compatri ...

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Weekly Asia Base Oil Price Report

October 7, 2024

Just like base oil consumers and suppliers in the United States built additional inventories ahead of the hurricane seas ...

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Chinese MWFs Flow to Belt and Road

October 2, 2024

Chinese metalworking fluids producers are following their automotive clients as they seek out new markets, especially th ...

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Weekly Asia Base Oil Price Report

September 30, 2024

Base oil prices continued to be pulled in different directions in Asia, depending on supply and demand fundamentals and ...

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South Korea Base Oil Exports Surge

September 25, 2024

Base oil exports from South Korea jumped to 428,719 metric tons in August, according to new data from the country’s Cu ...

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Weekly Asia Base Oil Price Report

September 23, 2024

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

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Weekly Asia Base Oil Price Report

September 16, 2024

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

Base Oil Imports to China Decline

Base Oil Imports to China Decline

September 11, 2024

July base oil imports to China fell 14% from the same month of 2023 as domestic lubricant demand remained lukewarm and l ...

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Weekly Asia Base Oil Price Report

September 9, 2024

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

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Exxon Auto Care JV Aims at Youths

September 4, 2024

Armed by big data and social media apps, ExxonMobil’s auto care chain in China, Mobil No.1 Select, is going full lengt ...

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Weekly Asia Base Oil Price Report

September 2, 2024

Base oil activity was still fairly subdued in Asia, even though September and October shipment discussions should have b ...