Germany’s base oils output fell for a tenth month in January, contrasting with higher production in markets like Spain and Italy.Output of 18,480t in January fell from 22,680t the previous month and by 4pc from year-earlier levels, government data showed.The volume fell from typical levels of more than 24,000 t/month over the past year to the lowest in four months.The slowdown mirrored a sustained fall in Germany’s lube production and demand and coincided with a drop in the UK’s base oils output in January..Germany’s Jan lube supply falls
Germany’s base oils output fell for a tenth month in January, contrasting with higher production in markets like Spain and Italy.Output of 18,480t in January fell from 22,680t the previous month and by 4pc from year-earlier levels, government data showed.The volume fell from typical levels of more than 24,000 t/month over the past year to the lowest in four months.The slowdown mirrored a sustained fall in Germany’s lube production and demand and coincided with a drop in the UK’s base oils output in January..Germany’s Jan lube supply falls