PODCAST: China Group III base oils market sees supply, demand changes
Whitney Shi
12-Mar-2024
SINGAPORE (ICIS)–In this podcast, ICIS Senior Industry Analyst Whitney Shi and ICIS Assistant Industry Analyst Jady Ma talk about supply and demand changes in China’s Group III base oils market.
Shi also discusses the recent launch of the weekly Group III N100 and N150 (Local Origin) ex-terminal quotes in the China base oils pricing assessment and the value this brings for market players.
- Group III base oils domestic supply increasing in recent years
- Improving quality of domestic Group III base oils
- Domestic products market share rises amid stable import volumes
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