Episode 1204
Episode 1204: PODCAST: Asia's base oils supply, demand to gradually rise in H2 2024
SINGAPORE (ICIS)--Asia’s base oils supply is expected to improve slightly in H2 2024, while overa...
ICIS - chemical podcasts · ICIS - chemical podcasts
June 26, 20244m 35s
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Show Notes
SINGAPORE (ICIS)--Asia’s base oils supply is expected to improve slightly in H2 2024, while overall demand will likely improve towards the later part of Q3 with the onset of the seasonal peak.
- Group I brightstock supply from southeast Asia and Group II supply from South Korea expected to gradually increase
- India demand to pick up in September after monsoon; China demand to remain stagnant amid economic woes
- Tight Group I base oils supply to remain offset by sluggish demand
In this podcast, editors Matthew Chong and Michelle Liew discuss trends in the Asian base oils market.