Thailand refiner IRPC’s base oils unit saw output rise to a seven-month high in August even amid unusually weak regional base oils prices.Its base oils output of more than 32,200 kilolitres (28,500t) in August rose from less than 30,600kl the previous month, government data showed.Group I base oils output rose even as regional base oils prices fell to their weakest levels versus diesel in more than a year, ICIS data showed.IRPC focused on clearing most of the supplies through the export market, with its exports rising to a six-month high.The shipments included unusually high volumes to India and the UAE..Thailand’s August base oils exports fall
Thailand refiner IRPC’s base oils unit saw output rise to a seven-month high in August even amid unusually weak regional base oils prices.Its base oils output of more than 32,200 kilolitres (28,500t) in August rose from less than 30,600kl the previous month, government data showed.Group I base oils output rose even as regional base oils prices fell to their weakest levels versus diesel in more than a year, ICIS data showed.IRPC focused on clearing most of the supplies through the export market, with its exports rising to a six-month high.The shipments included unusually high volumes to India and the UAE..Thailand’s August base oils exports fall