Thailand’s PTT Oil and Retail (PTT) was the country’s largest lubricants supplier in January for the first time in eight months as its sales surged.Shell Company of Thailand was the country’s second-largest lube supplier as its sales fell to the lowest in more than a year.Thailand’s lube consumption fell for a fifth month in January as weak industrial oils demand outweighed rising consumption of passenger car motor oils (PCMO).Demand was likely to rise in February and March on the back of a seasonal pick-up in domestic consumption..Thailand’s January lube demand falls.PTT’s share of the country’s lube consumption jumped on the back of a surge in its PCMO sales.Its share of Thailand’s lube sales rose to more than 40pc of the total in January, government data showed. The share was up from less than 25pc in December and the highest in more than a year..It share got a boost from a rise in its outright sales to a ten-month high. Its share of Thailand’s PCMO sales rose to close to 50pc of the total, up from less than 20pc the previous month.Shell’s share of Thailand’s lube sales fell below 20pc of the total in January, from more than 40pc the previous month. The December share was higher than usual; January was lower than usual.Domestic refiner Bangchak was Thailand’s third-largest lube supplier in January as its sales rose to a ten-month high. The higher volume boosted its share of the country’s sales to more than 13pc of the total.Its share rose from just above 7pc of the total in December, when it was the fifth-largest supplier.Domestic lube producer PSP Specialties was Thailand’s fourth-largest lube supplier in January with a market share of around 12pc of the total.Its share fell from more than 13pc in December even as its sales rose in January..ExxonMobil to sell interest in Esso Thailand
Thailand’s PTT Oil and Retail (PTT) was the country’s largest lubricants supplier in January for the first time in eight months as its sales surged.Shell Company of Thailand was the country’s second-largest lube supplier as its sales fell to the lowest in more than a year.Thailand’s lube consumption fell for a fifth month in January as weak industrial oils demand outweighed rising consumption of passenger car motor oils (PCMO).Demand was likely to rise in February and March on the back of a seasonal pick-up in domestic consumption..Thailand’s January lube demand falls.PTT’s share of the country’s lube consumption jumped on the back of a surge in its PCMO sales.Its share of Thailand’s lube sales rose to more than 40pc of the total in January, government data showed. The share was up from less than 25pc in December and the highest in more than a year..It share got a boost from a rise in its outright sales to a ten-month high. Its share of Thailand’s PCMO sales rose to close to 50pc of the total, up from less than 20pc the previous month.Shell’s share of Thailand’s lube sales fell below 20pc of the total in January, from more than 40pc the previous month. The December share was higher than usual; January was lower than usual.Domestic refiner Bangchak was Thailand’s third-largest lube supplier in January as its sales rose to a ten-month high. The higher volume boosted its share of the country’s sales to more than 13pc of the total.Its share rose from just above 7pc of the total in December, when it was the fifth-largest supplier.Domestic lube producer PSP Specialties was Thailand’s fourth-largest lube supplier in January with a market share of around 12pc of the total.Its share fell from more than 13pc in December even as its sales rose in January..ExxonMobil to sell interest in Esso Thailand
