Analyse in detail China’s base oils and lube market
There is a mixed outlook for the base oils industry in 2013. Demand for industrial lubricants has been weak, and, as a major feedstock for lubricant production, demand for base oils is expected to follow the trend. However, demand for motor oil may trend upwards.
Base oil production was recorded at low levels in the first half of 2013. Units in China were shut for maintenance and domestic producers were discouraged by lower-than-expected margins. But levels and production are expected to rise in the second half of 2013. The commencement of trial operations of newly-built Group II base oils plants by Sinopec Beijing Yanshan and Panjin Northern Asphalt will also improve outputs.
The China Base Oils Lube Markets Annual Report reviews the base oils and lubricants market in considerable detail. It considers market supply and demand, the latest price trends and developments in the Asian base oils market. The report also includes a market outlook for the next five years. This is based on extensive first-hand research by ICIS experts; official data from government authorities; and insight from senior industry experts, major Chinese suppliers, traders and producers.
The China Base Oils Lube Markets Annual Report assesses the changes in the supply and demand of base oils in China. The report analyses the latest production figures and margins, and explores the prospects for increased margins. It also looks ahead to explore the impact of newly-built Group II base oils plants.
The China Base Oils Lube Markets Annual Report covers:
Base oil consumption has inched down, but outputs are expected to trend upwards – and with new base oil plants coming on stream the outlook for the next few years is going to change again. The China Base Oils Lube Markets Annual Report consolidates the current picture and builds forecasts up to 2018, giving subscribers at-a-glance access to all the market information they need.
Use the China Base Oils Lube Markets Annual Report to:
Published at the beginning of each month, the global IPEX provides a capacity-weighted measure of the average change in petrochemical prices over time.
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