Brazil’s base oils supply lagged demand in March for the first time in fifteen months as a slump in domestic production coincided with a seasonal rise in lube consumption.The country’s supply lagged demand by more than 20,000mᶟ (19,560t) in March, flipping from a typical surplus of more than 23,000 mᶟ/month over the past year.The shortfall reflected a fall in Brazil’s base oils output to a nine-month low in March.Lower output coincided with a rise in the country’s lube demand to a one-year high.The disconnect raised the prospect of boosting demand for overseas supplies..Brazil’s March base oils output falls
Brazil’s base oils supply lagged demand in March for the first time in fifteen months as a slump in domestic production coincided with a seasonal rise in lube consumption.The country’s supply lagged demand by more than 20,000mᶟ (19,560t) in March, flipping from a typical surplus of more than 23,000 mᶟ/month over the past year.The shortfall reflected a fall in Brazil’s base oils output to a nine-month low in March.Lower output coincided with a rise in the country’s lube demand to a one-year high.The disconnect raised the prospect of boosting demand for overseas supplies..Brazil’s March base oils output falls
