Thailand’s base oils output rose in March, coinciding with a seasonal rise in the country’s demand.Output of 59,990 kilolitres (53,140t) in March rose from a three-month low of 49,310kl in February, government data showed.The volume was up from typical levels of around 51,000 kl/month over the past year.The higher output mirrored a similar trend in other countries in Asia-Pacific as refiners sought to cover a strong pick-up in demand.Increasingly firm base oils prices relative to diesel added to the incentive for producers to raise output..Thai IRPC’s March base oils output rises
Thailand’s base oils output rose in March, coinciding with a seasonal rise in the country’s demand.Output of 59,990 kilolitres (53,140t) in March rose from a three-month low of 49,310kl in February, government data showed.The volume was up from typical levels of around 51,000 kl/month over the past year.The higher output mirrored a similar trend in other countries in Asia-Pacific as refiners sought to cover a strong pick-up in demand.Increasingly firm base oils prices relative to diesel added to the incentive for producers to raise output..Thai IRPC’s March base oils output rises
