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

Whitney Shi

09-Dec-2022

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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