Germany’s lubricants supply fell in May for a twelfth month and at a faster pace than the drop in demand.Germany’s lube production and imports combined came to 150,160t in May, government data showed.The volume rose from 140,900t in April but fell by 24pc from year-earlier levels.The contraction outpaced the 16pc fall in Germany’s lubricants demand in May.Domestic production of motor oils fell by 11pc in May, outpacing the 4pc fall in demand.Production of gear oils fell by 2pc, contrasting with a 10pc rise in demand.Production of hydraulic oils was steady in May, while demand fell by 20pc..Germany’s May lube demand falls
Germany’s lubricants supply fell in May for a twelfth month and at a faster pace than the drop in demand.Germany’s lube production and imports combined came to 150,160t in May, government data showed.The volume rose from 140,900t in April but fell by 24pc from year-earlier levels.The contraction outpaced the 16pc fall in Germany’s lubricants demand in May.Domestic production of motor oils fell by 11pc in May, outpacing the 4pc fall in demand.Production of gear oils fell by 2pc, contrasting with a 10pc rise in demand.Production of hydraulic oils was steady in May, while demand fell by 20pc..Germany’s May lube demand falls
