PODCAST: Weak demand from lubricants, China’s Group II base oil import margins to be negative
Whitney Shi
25-May-2022
SINGAPORE (ICIS)–ICIS analyst Jady Ma and Whitney Shi discuss the recent developments and outlook of China’s base oil market.
- Heavy import losses of Group II base oils
- Sluggish downstream demand from lubricant companies
- Rising base oils exports to be a trend
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