Being the last week of the year, the U.S. base oil market was exceptionally quiet as players enjoyed year-end festivities and religious holidays.
Most supply partners have already concluded their responsibilities for 2012 and are now focusing on volumes and deliveries for all of next year for yearly contract purposes. Those customers that have a narrower time frame forcontract obligations are sorting out their needs through the first quarter.
Get alerts when new Sustainability Blog articles are available.
Posted prices were unchanged and there was virtually no discussion of spot offers this week.