A shift in the Asian base oils market was recently observed, driven by increasing Group II base oils supply. How does this affect the overall Asian market and how can ICIS help you gain further transparency on base oils prices?
In this video, ICIS Markets Editor, Jasmine Khoo, explains the additional prices now covered in the ICIS Asia Base Oils Report to better reflect the current trading behaviours. Recent developments in the Asian markets are also given.
Two new price assessments for group II base oils are now covered in our Asia Base Oils report:
ICIS Asia Base Oils report enables industry players to stay ahead of fast-paced developments, providing an accurate reference for contract negotiations and benchmarking.
Group I base oils
Group II base oils
Group III base oils
The new ICIS Supply and Demand Window offers an 11-year view on supply & demand and trade flows across 61 petrochemical markets. Through revealing producers’ manufacturing capabilities, the Supply and Demand Window provides an informed view of trade patterns to support your strategic plans, budgets and forecasts.Enquire about Supply and Demand services