China’s base oils output edged up in September on the back of higher Group I and Group III base oils production.Output of Group I, Group II and Group III base oils combined rose to close to 380,000t in September, up from less than 360,000t the previous month, OilChem China data showed.Output rose by 29pc in September and for the fifth time in six months from year-earlier levels.Total output of less than 3.20mn t in the first nine months of the year was still lower than year-earlier levels of 3.30mn t.Output held below the 400,000t level in September for an eighteenth straight month. It had held well above that level every month in 2021.The pick-up in September’s base oils output was muted despite the start-up of new production capacity in August and the completion of some plant maintenance work.The muted rise in output suggested that refiners preferred to extend maintenance work or maintain lower run-rates..China’s September Group II output falls
China’s base oils output edged up in September on the back of higher Group I and Group III base oils production.Output of Group I, Group II and Group III base oils combined rose to close to 380,000t in September, up from less than 360,000t the previous month, OilChem China data showed.Output rose by 29pc in September and for the fifth time in six months from year-earlier levels.Total output of less than 3.20mn t in the first nine months of the year was still lower than year-earlier levels of 3.30mn t.Output held below the 400,000t level in September for an eighteenth straight month. It had held well above that level every month in 2021.The pick-up in September’s base oils output was muted despite the start-up of new production capacity in August and the completion of some plant maintenance work.The muted rise in output suggested that refiners preferred to extend maintenance work or maintain lower run-rates..China’s September Group II output falls
