Asia’s base oils supply fell in September, coinciding with signs of a seasonal pick-up in demand in the region.Base oils output of around 905,000t in September fell from more than 965,000t the previous month, government data showed.Output fell by 5pc and for the fifth time in six months from year-earlier levels.Output of 2.74mn t in the third quarter of the year rose from 2.70mn t during the previous three months. It fell 3pc from 2.82mn t during the same period last year.Including China, base oils output of 1.28mn t in September fell from 1.32mn t during the previous month.Output of 3.83mn t in the third quarter was steady from the second quarter.Asia’s base oils supply surplus typically rises in the third quarter of the year because of a seasonal slowdown in regional lubricants demand..Asia’s Sept base oils exports fall
Asia’s base oils supply fell in September, coinciding with signs of a seasonal pick-up in demand in the region.Base oils output of around 905,000t in September fell from more than 965,000t the previous month, government data showed.Output fell by 5pc and for the fifth time in six months from year-earlier levels.Output of 2.74mn t in the third quarter of the year rose from 2.70mn t during the previous three months. It fell 3pc from 2.82mn t during the same period last year.Including China, base oils output of 1.28mn t in September fell from 1.32mn t during the previous month.Output of 3.83mn t in the third quarter was steady from the second quarter.Asia’s base oils supply surplus typically rises in the third quarter of the year because of a seasonal slowdown in regional lubricants demand..Asia’s Sept base oils exports fall