Use the independent price assessments and market coverage in our price reports to track the regional Base oils-Lubes market.
Our information is gathered by locally based reporters, giving unrivalled coverage of regional markets.
Updated to Q2 2019
Group I base oil supply remains mixed going into the second quarter, beginning to move toward balance.
Group I base oil demand is slowly improving going into the second quarter.
Group II base oil supply is not as ample as during the first quarter, slowly moving to balance with demand.
Q2 demand is slowly picking up as the driving season is approaching and fuel blends for the summer are being prepared.
Group III base oil supply is constant going into Q2 because importers and domestic producers are maintaining pace with growing demand.
Group III base oils are needed for new engine designs and in increasing demand by original equipment manufacturers.
We offer the following regional Base oils-Lubes analysis and news coverage to keep you informed of factors and developments affecting prices in the Base oils-Lubes marketplace.
News & analysis
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.
The main use for base oils is in the manufacture of lubricants, of which there are many thousands of types.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Base oils-Lubes.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
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.
Our time series of pricing data enable you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
This is the meeting place for those working in or looking to expand to the North American industrial lubricants market. An intimate networking environment coupled with industry leaders bringing insight on key topics for industrial lubricants.