29 March 2010 15:27 [Source: ICIS news]
SAN ANTONIO, Texas (ICIS news)--Venezuela’s PDVSA, the major Latin American base oils producer, raised its prices for paraffinic base oils on Monday due to tight supply in the Americas region, the company said.
PDVSA told buyers it would raise its 150, 300, and bright stock grades by 5 cents/gal ($15/tonne or €11/tonne).
The refiner’s last price move was on 22 March.
Group I paraffinic base oils have been tight globally, especially in South America where traders were looking to
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