China’s Group II base oils output fell in September as extended plant maintenance and run-cuts slowed an expected recovery in supply.Group II base oils output of little more than 270,000t in September fell from more than 285,000t in August, OilChem China data showed.Output fell in September even with some plants scheduled to resume production after maintenance work in July and August.Changes to those plans or additional maintenance work coincided with domestic base oils prices that slipped to unusually weak levels relative to domestic diesel prices.The trend incentivized refiners to focus on producing more diesel instead.The slowdown in production in September cut the country's total Group II base oils output to less than 2.4mn t in the first nine months of the year.The volume was down from more than 2.6mn t during the same period last year..Taiwan’s Aug base oils exports rebound
China’s Group II base oils output fell in September as extended plant maintenance and run-cuts slowed an expected recovery in supply.Group II base oils output of little more than 270,000t in September fell from more than 285,000t in August, OilChem China data showed.Output fell in September even with some plants scheduled to resume production after maintenance work in July and August.Changes to those plans or additional maintenance work coincided with domestic base oils prices that slipped to unusually weak levels relative to domestic diesel prices.The trend incentivized refiners to focus on producing more diesel instead.The slowdown in production in September cut the country's total Group II base oils output to less than 2.4mn t in the first nine months of the year.The volume was down from more than 2.6mn t during the same period last year..Taiwan’s Aug base oils exports rebound
