India’s lube demand fell in October for the first time in six months at a time of year when consumption typically rises.Lube consumption of 307,000t in October fell from more than 320,000t in September and by 14pc from year-earlier levels, government data showed.Even with the slowdown, total consumption of 3.42mn t in the first ten months of the year was still up 3pc from year-earlier levels.The drop in lube demand in October followed unusually strong consumption in the third quarter of the year and some signs of a slowdown in economic growth.India’s car sales fell in October for the first time in six months.The country’s core sectors grew in September at their slowest rate in four months. India's manufacturing PMI unexpectedly fell in October.Strong lube demand in the third quarter left blenders with tighter base oils stocks.The slowdown in demand in October likely eased blenders’ urgency to replenish those stocks..Asia Sept base oils exports to India rise.India’s Sep base oils supply lags demand
India’s lube demand fell in October for the first time in six months at a time of year when consumption typically rises.Lube consumption of 307,000t in October fell from more than 320,000t in September and by 14pc from year-earlier levels, government data showed.Even with the slowdown, total consumption of 3.42mn t in the first ten months of the year was still up 3pc from year-earlier levels.The drop in lube demand in October followed unusually strong consumption in the third quarter of the year and some signs of a slowdown in economic growth.India’s car sales fell in October for the first time in six months.The country’s core sectors grew in September at their slowest rate in four months. India's manufacturing PMI unexpectedly fell in October.Strong lube demand in the third quarter left blenders with tighter base oils stocks.The slowdown in demand in October likely eased blenders’ urgency to replenish those stocks..Asia Sept base oils exports to India rise.India’s Sep base oils supply lags demand
