Base Oil China Transcript
ICIS produces a detailed weekly China Base Oil report that covers both local and imported prices in group 1, 2 and 3 grades.
In our report we provide an independent on largely ex-tank prices in East China, South China and North China. We cover the main resins supporting the price movements including the latest transactions, buyer and seller sentiment and the influence from the international market.
We also assess CFR China prices and provide the import cost equivalent in Yuan to help readers analyse and identify trading opportunities in the local market.
Every week, our team collects a huge amount of information from local and overseas producers, traders, importers and mid to large lubricant plants, helping to bring grater transparency to China’s supply and demand balance to our readers.
The Chinese report is highly regarded by our customers globally and is an important reference for business in the key China market.