Lube demand in the Asia-Pacific region is likely to rise in the fourth quarter from the previous three months and climb even more strongly in the first three months of next year.Demand is also set to exceed year-earlier levels during those periods.Lube demand is likely to rise to more than 2.30mn t in the fourth quarter of the year, according to the Baseoilnews.com short-term outlook.Consumption would be up from more than 2.20mn t during the third quarter of the year.Consumption in the third quarter was already higher than expected amid firm demand in India and a revival in lube consumption in southeast Asia.Lube demand in the first quarter of next year is forecast to rise to more than 2.50mn t. The volume would be up from 2.46mn t during the same period last year..Asia’s August lube demand rises
Lube demand in the Asia-Pacific region is likely to rise in the fourth quarter from the previous three months and climb even more strongly in the first three months of next year.Demand is also set to exceed year-earlier levels during those periods.Lube demand is likely to rise to more than 2.30mn t in the fourth quarter of the year, according to the Baseoilnews.com short-term outlook.Consumption would be up from more than 2.20mn t during the third quarter of the year.Consumption in the third quarter was already higher than expected amid firm demand in India and a revival in lube consumption in southeast Asia.Lube demand in the first quarter of next year is forecast to rise to more than 2.50mn t. The volume would be up from 2.46mn t during the same period last year..Asia’s August lube demand rises
