China’s naphthenic base oils output rose to a four-month high in July following the completion of plant maintenance work in the second quarter of the year.Output of more than 120,000t in July rose from less than 111,000t the previous month and close to 105,000t in May, OilChem China data showed.The July volume rose from year-earlier levels for a second month.Naphthenic base oils output of 859,740t in the first seven months of the year was still down 12pc from 975,200t during the same period last year.The higher output contrasted with a drop in China’s Group II and Group III base oils output in the month of July.China’s naphthenic base oils supplies have attracted buying interest in overseas markets like Latin America. .China’s July Group II base oils output falls
China’s naphthenic base oils output rose to a four-month high in July following the completion of plant maintenance work in the second quarter of the year.Output of more than 120,000t in July rose from less than 111,000t the previous month and close to 105,000t in May, OilChem China data showed.The July volume rose from year-earlier levels for a second month.Naphthenic base oils output of 859,740t in the first seven months of the year was still down 12pc from 975,200t during the same period last year.The higher output contrasted with a drop in China’s Group II and Group III base oils output in the month of July.China’s naphthenic base oils supplies have attracted buying interest in overseas markets like Latin America. .China’s July Group II base oils output falls