Asia’s lube demand rose for a fifth month in September amid strong consumption throughout the region.Lube demand of more than 790,000t in September rose by 17pc from year-earlier levels, government and industry data showed.The 2pc increase in demand in the month of September from August was smaller than usual for the time of year. The more muted increase partly reflected the unusually firm consumption in the month of August.The sustained pick-up in consumption lifted the region’s lube demand to 2.41mn t in the third quarter of the year.The volume rose from 2.20mn t during the previous quarter and from year-earlier levels of 2.10mn t.Lube demand in southeast Asia rose for a second month in September and in northeast Asia for a seventh month. The volumes exclude China..Asia’s August lube demand rises
Asia’s lube demand rose for a fifth month in September amid strong consumption throughout the region.Lube demand of more than 790,000t in September rose by 17pc from year-earlier levels, government and industry data showed.The 2pc increase in demand in the month of September from August was smaller than usual for the time of year. The more muted increase partly reflected the unusually firm consumption in the month of August.The sustained pick-up in consumption lifted the region’s lube demand to 2.41mn t in the third quarter of the year.The volume rose from 2.20mn t during the previous quarter and from year-earlier levels of 2.10mn t.Lube demand in southeast Asia rose for a second month in September and in northeast Asia for a seventh month. The volumes exclude China..Asia’s August lube demand rises