Japan’s base oils and lube demand rose to a six-month high in March amid a seasonal pick-up in consumption.Demand of 176,280 kilolitres (156,150t) in March rose from 111,560kl the previous month and by 38pc from year-earlier levels, government data showed.The size of the rise in consumption from February outpaced the increase in Japan’s base oils production in March. Before 2020, the country’s demand typically peaked in the month of March, which is the final month of the financial year.The seasonal rise in Japan’s demand mirrored a similar trend in many other countries throughout the region..Japan’s March base oils output rises
Japan’s base oils and lube demand rose to a six-month high in March amid a seasonal pick-up in consumption.Demand of 176,280 kilolitres (156,150t) in March rose from 111,560kl the previous month and by 38pc from year-earlier levels, government data showed.The size of the rise in consumption from February outpaced the increase in Japan’s base oils production in March. Before 2020, the country’s demand typically peaked in the month of March, which is the final month of the financial year.The seasonal rise in Japan’s demand mirrored a similar trend in many other countries throughout the region..Japan’s March base oils output rises
