Thailand’s base oils output rose to a three-month high in June amid strong overseas demand and firm base oil margins.Base oils output of 57,800 kilolitres (51,200t) in June rose from around 55,300kl the previous month, government data showed.Base oils output of 169,450kl in the second quarter of the year edged down slightly from 170,800kl during the first three months of the year.The slowdown in the second quarter was steeper compared with year-earlier levels of 185,000kl.Steady output this year contrasted with a surge in Thailand’s base oils exports in first-half 2023..Thai Lube's June base oil output steady
Thailand’s base oils output rose to a three-month high in June amid strong overseas demand and firm base oil margins.Base oils output of 57,800 kilolitres (51,200t) in June rose from around 55,300kl the previous month, government data showed.Base oils output of 169,450kl in the second quarter of the year edged down slightly from 170,800kl during the first three months of the year.The slowdown in the second quarter was steeper compared with year-earlier levels of 185,000kl.Steady output this year contrasted with a surge in Thailand’s base oils exports in first-half 2023..Thai Lube's June base oil output steady