ICONIC Lubricants was Brazil’s largest lubricants supplier in May for the sixth time in seven months as it boosted its share of automobile and industrial oils sales.The trend lifted its share of lube demand to more than 25pc of the total in May, IBP data showed. The share was up from less than 23pc in April and close to the highest in eight months.Brazil’s lubricating oil consumption unexpectedly rose by 10pc in May to 100,750mᶟ (89,250t) on the back of a surge in demand for passenger car engine oils (PCMO) especially.Moove remained Brazil’s second-largest lube supplier for a second month even as its share of sales fell to little more than 21pc of the total.Its rising share of industrial oils sales was insufficient to counter a large fall in its share of PCMO sales.Vibra Energia narrowed sharply its sales shortfall to Moove as its share of Brazil’s lube sales rose to more than 21pc of the total.Its share of Brazil’s PCMO market rose to almost 22pc of the total. The share rose from less than 19.5pc in April to the highest in eleven months.Raizen was Brazil’s fourth-largest lube supplier in May and Petronas the fifth-largest..Brazil’s May lube demand rises.Contact us for more information about the data for these stories
