Base oils-Lubes Prices, markets & analysis
Use the independent price assessments and market coverage in our price reports to track the regional Base oils-Lubes market.
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Base Oil US Transcript
The US Base Oils report has been used as an industry benchmark for about 10 years.
The report covers paraffinic prices, posted prices for group 1, group 2, group 2+, group 3, group 3+ and Naphthenics.
We get information from polling the market. It is a weekly report. The report has also got spot prices for light and heavy neutral grades. It also carries feed stock information for natural gas oils and fuel oils.
It’s used in the market to access information for buyers, sellers and traders on a routine basis. The information is polled from the market and is used by the market. |
The report is widely read, it is used to benchmark both contract pricing and spot pricing. The participants in the market frequently trade information with ICIS, it is considered trustworthy access for the Base Oils market on a global basis and is also competitive to any of the other reports covering the same market, it has a wider reach than a number of those.
Base oils-Lubes news and market information products from ICIS
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News & analysis
News & Analysis - News & market analysis specifically relating to Base oils-Lubes
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Updated to Q2 2014
The US base oil market experienced a rash of posted price increases at the end of the first quarter of 2014, with a surprising follow-up of price hikes emerging during May in the second quarter.
ExxonMobil came out with increases of 10-15 cents/gal on its Group I and Group II+ base stocks effective on 23 May, with Group I producers HollyFrontier, Paulsboro Refining Company (PRC) and
Group II producer Chevron came out with a 10 cents/gal increase on all grades effective 27 May and
No other announcements were heard in the market in late June.
Overall, the US market is in a snug supply situation, especially on Group I and Group II heavy grades.
The Excel Paralubes 22,200 bbl/day Group II facility at Westlake, Louisiana, was taken off line for maintenance effective on 25 June and is expected to be down about 58 days.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Base oils-Lubes.
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ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Base oils-Lubes. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
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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.
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