Base Oils
Make informed and confident commercial decisions on base oils with trusted market intelligence
Solutions
ICIS offers actionable market news in real time for base oils and P-Wax, including scheduled/unscheduled supply interruptions. Our transparent methodology is built on comprehensive market input from buyers, sellers, and distributors.
S&D
Supply and Demand outlooks offer an informative overview of the various chemical markets, consolidated into an easy-to-use format.
Price drivers
Providing diagnostic insights to help monitor and maximise your sales opportunities. Interactive analytics help you assess trends to increase windows of opportunities.
Live disruptions tracker
A live global view of production and consumption capacity loss, plus associated conversion factors. These enable a clear understanding of supply impact in order to get ahead of market changes.
ICIS Foresight
Our analytics can help you to shape future strategies, minimise risk and maintain a
competitive advantage within commodity markets.
ICIS Foresight – Base Oil Asia-Pacific
Buy, plan and negotiate more effectively with 18-month price forecasts and analytics. Monitor cost pressures and identify early signs of production shifts.
Resources
See the latest chemical, energy & fertilizer news, articles, videos, podcasts, blog posts and much more at the new ICIS Resource Centre.
Price & market indicators
Europe, the USA, Northeast Asia, and the Middle East are major exporters of base oils. Latin America and Africa are major importers. China is a major exporter of P-Wax to all regions. As a by-product of Group I base oil production, P-Wax is sensitive to declining Group I base oil capacities.
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Related content
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Asia base oils supply to lengthen in H2 2023, demand may recover in late-Q3
As the Asian chemicals sector shifts towards a more sustainable future
What our customers say
Nut Songsangcharoen
Bangchak Corporation
“ICIS Clarity™ is crucial for our decision-making. We use the data and insights to analyse price trends, plan purchases of base oil and other materials, and manage our stocks.”
Seif Eldin Mahmoud,
El Mohandes Coatings & Solvents
“ICIS is a reliable, trustworthy and independent partner, and its wide coverage of commodities across the globe means we can get all the pricing and analytics services we need from a single source. ICIS has definitely been a very important element in our growth success.”
Lubricants Buyer
Largest exporter in Latin America
“After reviewing the price assessments for the product on the platform, we found that our supplier was overcharging us. Because of the ICIS platform, we were able to save 8% in a fourteen-million-dollar investment, over a million dollars in savings. Now we are just waiting for ICIS to release the price forecast for base oil products. We will be the first to get the subscription.”
Speak with ICIS
Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets.
Access to expert insights on the latest industry developments and tracking market changes are vital in making sustainable business decisions.
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