Spain’s base oils supply rose in September amid a pick-up in Group I and premium-grade base oils output.Total supply of more than 87,000t in September rose from less than 60,000t the previous month, government and port data showed.The September volume exceeded typical levels of around 74,000 t/month over the past year.Total supply of around 242,000t in the third quarter of the year rose from less than 180,000t during the previous three months.The lower supply in the second quarter mostly reflected the impact of maintenance work on a Group III base oils plant during the period.Group I base oils output stayed lower than usual in September even as it recovered to a four-month high.Europe’s domestic Group I base oils prices fell relative to feedstock and competing fuel prices throughout the third quarter of the year before starting a strong rebound from end-September..Spain’s Sept Cartagena premium-grade exports rise.UK’s Sept base oils supply falls
Spain’s base oils supply rose in September amid a pick-up in Group I and premium-grade base oils output.Total supply of more than 87,000t in September rose from less than 60,000t the previous month, government and port data showed.The September volume exceeded typical levels of around 74,000 t/month over the past year.Total supply of around 242,000t in the third quarter of the year rose from less than 180,000t during the previous three months.The lower supply in the second quarter mostly reflected the impact of maintenance work on a Group III base oils plant during the period.Group I base oils output stayed lower than usual in September even as it recovered to a four-month high.Europe’s domestic Group I base oils prices fell relative to feedstock and competing fuel prices throughout the third quarter of the year before starting a strong rebound from end-September..Spain’s Sept Cartagena premium-grade exports rise.UK’s Sept base oils supply falls