Base oils supply in the Americas market fell in September for the seventh time in eight months amid a dip in output throughout the region.Total output of less than 675,000t in September fell from close to 740,000t the previous month and by 5pc from year-earlier levels, government data showed.The slowdown cut total output to 6.33mn t in the first nine months of the year, down 6pc from 6.75mn t during the same period last year.The volume was almost the same as during the first nine months of 2020, when refiners slashed output in response to a slump in demand caused by Covid-19 lockdowns.Base oils supply fell in September because of an unusually steep fall in paraffinic base oils output in the US.Output in Latin America also fell, mostly because of extended plant maintenance in Brazil.The dip in the Americas’ output outpaced a slowdown in the region’s lube demand in September..Europe’s Sept base oils supply rises.Asia’s September base oils supply falls
Base oils supply in the Americas market fell in September for the seventh time in eight months amid a dip in output throughout the region.Total output of less than 675,000t in September fell from close to 740,000t the previous month and by 5pc from year-earlier levels, government data showed.The slowdown cut total output to 6.33mn t in the first nine months of the year, down 6pc from 6.75mn t during the same period last year.The volume was almost the same as during the first nine months of 2020, when refiners slashed output in response to a slump in demand caused by Covid-19 lockdowns.Base oils supply fell in September because of an unusually steep fall in paraffinic base oils output in the US.Output in Latin America also fell, mostly because of extended plant maintenance in Brazil.The dip in the Americas’ output outpaced a slowdown in the region’s lube demand in September..Europe’s Sept base oils supply rises.Asia’s September base oils supply falls
