India’s lube demand rose in November for the sixth time in seven months amid strong growth in everything from automobile sales to industrial production.Lube consumption of 309,000t in November edged up from 307,000t the previous month and by 2pc from year-earlier levels, government data showed.The rise in demand lifted total lube consumption to 3.73mn t in the first eleven months of the year. The volume was up 3pc from 3.62mn t during the same period last year.Firm lube demand coincided with a rise in India’s automobile sales in November for the sixth time in seven months to a record high.The country’s core sector output rise in October at its second-fastest pace in more than a year.India’s rising lube consumption contrasted with falling base oils imports throughout most of this year as rising domestic production covered more domestic requirements..India's Oct base oil supply exceeds demand
India’s lube demand rose in November for the sixth time in seven months amid strong growth in everything from automobile sales to industrial production.Lube consumption of 309,000t in November edged up from 307,000t the previous month and by 2pc from year-earlier levels, government data showed.The rise in demand lifted total lube consumption to 3.73mn t in the first eleven months of the year. The volume was up 3pc from 3.62mn t during the same period last year.Firm lube demand coincided with a rise in India’s automobile sales in November for the sixth time in seven months to a record high.The country’s core sector output rise in October at its second-fastest pace in more than a year.India’s rising lube consumption contrasted with falling base oils imports throughout most of this year as rising domestic production covered more domestic requirements..India's Oct base oil supply exceeds demand
