Shell Company of Thailand (Shell) was Thailand’s largest lubricants supplier in October for a fifth month even as its share of total sales fell to a four-month low.PTT Oil and Retail (PTT) was the country’s second-largest lube supplier, with its share of total demand rising to the highest since January.Shell’s share of Thailand’s lube demand came to more than 33pc of the total in October, government data showed. The share was down from more than 37pc in September and the lowest since June..The lower market share accounted for a smaller total volume as Thailand’s lube consumption extended a slowdown that began in September.The country’s lube consumption fell 7pc in October to a 30-month low amid sliding consumption of heavy-duty engine oils (HDEO) and other lubricants..Thailand's October lube demand falls.The outlier was passenger car engine oils (PCMO), whose consumption rose.The ongoing strength of PCMO demand increased its importance as a key product for lubricant suppliers to balance out slowing consumption of other lubricants.Shell accounted for around 45pc of the country’s PCMO sales in October. The share was down from more than 50pc in September as its sales volume fell.The trend contrasted with a rise in PTT’s sales volume and market share of PCMO to around 35pc of the total, up from less than 30pc the previous month.Its share of HDEO and other lubricants also rose in October from the previous month to more than 30pc of total sales.The trend lifted PTT’s share of lube sales to more than 30pc of the total in October. The share was up from less than 27pc in September and the highest since January.PSP Specialties was Thailand’s third-largest lubricants supplier in October with a market share of around 12pc of the total. The level edged down from the previous month as its higher share of HDEO sales was insufficient to balance out a fall in its share of sales of other lubricants.Thailand’s three largest lubricants suppliers accounted for more than 77pc of the country’s total lube demand. The share was high compared with other markets like Vietnam and India. .Petrolimex Vietnam’s largest Sept base oils importer
Shell Company of Thailand (Shell) was Thailand’s largest lubricants supplier in October for a fifth month even as its share of total sales fell to a four-month low.PTT Oil and Retail (PTT) was the country’s second-largest lube supplier, with its share of total demand rising to the highest since January.Shell’s share of Thailand’s lube demand came to more than 33pc of the total in October, government data showed. The share was down from more than 37pc in September and the lowest since June..The lower market share accounted for a smaller total volume as Thailand’s lube consumption extended a slowdown that began in September.The country’s lube consumption fell 7pc in October to a 30-month low amid sliding consumption of heavy-duty engine oils (HDEO) and other lubricants..Thailand's October lube demand falls.The outlier was passenger car engine oils (PCMO), whose consumption rose.The ongoing strength of PCMO demand increased its importance as a key product for lubricant suppliers to balance out slowing consumption of other lubricants.Shell accounted for around 45pc of the country’s PCMO sales in October. The share was down from more than 50pc in September as its sales volume fell.The trend contrasted with a rise in PTT’s sales volume and market share of PCMO to around 35pc of the total, up from less than 30pc the previous month.Its share of HDEO and other lubricants also rose in October from the previous month to more than 30pc of total sales.The trend lifted PTT’s share of lube sales to more than 30pc of the total in October. The share was up from less than 27pc in September and the highest since January.PSP Specialties was Thailand’s third-largest lubricants supplier in October with a market share of around 12pc of the total. The level edged down from the previous month as its higher share of HDEO sales was insufficient to balance out a fall in its share of sales of other lubricants.Thailand’s three largest lubricants suppliers accounted for more than 77pc of the country’s total lube demand. The share was high compared with other markets like Vietnam and India. .Petrolimex Vietnam’s largest Sept base oils importer