Thailand’s base oils output rose in August from the previous month at a time of year when regional demand faced a seasonal slowdown.Base oils output of 56,900 kilolitres (50,400t) in August rose from less than 55,000kl the previous month, government data showed.Output held close to that level every month since April.Total output of 452,100kl in the first eight months of the year was the same as year-earlier levels.Base oils output edged up in August even as regional Group I base oils prices slid relative to diesel to their lowest in more than a year, ICIS data showed.The higher output helped to meet a pick-up in Thailand’s domestic base oils demand to around 11,300kl in August.Domestic demand rose for the first time in seven months from year-earlier levels to the highest since March..Japan’s August base oils output falls
Thailand’s base oils output rose in August from the previous month at a time of year when regional demand faced a seasonal slowdown.Base oils output of 56,900 kilolitres (50,400t) in August rose from less than 55,000kl the previous month, government data showed.Output held close to that level every month since April.Total output of 452,100kl in the first eight months of the year was the same as year-earlier levels.Base oils output edged up in August even as regional Group I base oils prices slid relative to diesel to their lowest in more than a year, ICIS data showed.The higher output helped to meet a pick-up in Thailand’s domestic base oils demand to around 11,300kl in August.Domestic demand rose for the first time in seven months from year-earlier levels to the highest since March..Japan’s August base oils output falls