India’s imported Group II and Group III base oils prices held steady or edged higher in first-half April, adding to signs that prices have bottomed out.The average price for imported Group II/II+ N70 moved closer to $900/t cfr, provisional customs data showed.The price for Group II N150 rose to close to $910/t cfr, and N500 to almost $960/t cfr. The Group II prices were up $20-30/t from March levels.The average price for Group III 4cst base oils, excluding Qatar, rose to close to $1,460/t cfr. The price was up from around $1,450/t cfr in March.Group II prices had fallen in March to their lowest since second-quarter 2022..India March imported Grp II prices fall
India’s imported Group II and Group III base oils prices held steady or edged higher in first-half April, adding to signs that prices have bottomed out.The average price for imported Group II/II+ N70 moved closer to $900/t cfr, provisional customs data showed.The price for Group II N150 rose to close to $910/t cfr, and N500 to almost $960/t cfr. The Group II prices were up $20-30/t from March levels.The average price for Group III 4cst base oils, excluding Qatar, rose to close to $1,460/t cfr. The price was up from around $1,450/t cfr in March.Group II prices had fallen in March to their lowest since second-quarter 2022..India March imported Grp II prices fall
