Base oils-Lubes China

ICIS produces a weekly China base oils report that carries both local and imported prices on Group I, II and III grades.

Our report provides independent assessments mainly on ex-tank prices in east China, south China and north China.

We include the main reasons supporting price movements, including the latest transactions, buyer and seller sentiment and the influence from the international market.

We also assess cost & freight (CFR) China prices, and provide an import cost equivalent in yuan to help readers identify and analyse 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 greater transparency to China’s supply and demand balance for our readers.

The China report is highly regarded by our customers globally, and is an important reference for business in the key China market.

ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide.  Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.

Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.

Over 25 years of reporting on key chemicals markets, including Base oils-Lubes, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity.  Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.