VIDEO: China’s Group II base oils prices plunge on rising supply

Whitney Shi


SINGAPORE (ICIS)–Watch ICIS senior industry analyst Whitney Shi discuss the rising supply of domestic and imported Group II base oils and the decreasing buying interest in December.

  • Supply of domestic and imported Group II base oils rises
  • Softening crude values and spreading COVID-19 curb downstream buying
  • Domestic Group II base oils suppliers to look for export outlets



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