France’s lube demand fell in September for the seventh time in eight months amid a steepening slide in consumption of automobile lubricants.Total lube demand of less than 40,000t in September fell by 10pc from year-earlier levels, according to Centre Professionel des Lubrifiants (CPL).The slowdown cut total consumption to less than 365,000t in the first nine months of the year.The volume was down 7pc from close to 391,000t during the same period last year and from more than 410,000t during the same period in 2021.The weaker lube consumption coincided with shrinking industrial production in France in August and September, and signs of further economic weakness during the fourth quarter of the year.The lower demand contrasted with other markets like Italy and Spain where lube consumption extended its recovery during the third quarter of the year.France’s consumption of automobile lubricants fell by 8pc in September. Industrial lube consumption fell by 5pc..Italy’s September lube demand rises.Spain’s Sept lube demand rises
France’s lube demand fell in September for the seventh time in eight months amid a steepening slide in consumption of automobile lubricants.Total lube demand of less than 40,000t in September fell by 10pc from year-earlier levels, according to Centre Professionel des Lubrifiants (CPL).The slowdown cut total consumption to less than 365,000t in the first nine months of the year.The volume was down 7pc from close to 391,000t during the same period last year and from more than 410,000t during the same period in 2021.The weaker lube consumption coincided with shrinking industrial production in France in August and September, and signs of further economic weakness during the fourth quarter of the year.The lower demand contrasted with other markets like Italy and Spain where lube consumption extended its recovery during the third quarter of the year.France’s consumption of automobile lubricants fell by 8pc in September. Industrial lube consumption fell by 5pc..Italy’s September lube demand rises.Spain’s Sept lube demand rises