Thailand’s lubricating oil demand fell in July for the tenth time in eleven months as sliding industrial oils consumption outweighed improving demand for engine oils.Total lube demand of 32,810 kilolitres (29,060t) in July fell by 7pc from year-earlier levels, government data showed. The volume was steady from the previous month.The contraction cut Thailand’s total lube consumption to 259,030kl in the first seven months of the year.The volume was down 12pc from close to 296,000kl during the same period last year.Lube demand fell in July at its slowest pace in four months as engine oils consumption rose for the first time since March.Consumption of passenger-car motor oils rose by 14pc in July and at its fastest pace in eleven months.Consumption of heavy-duty engine oils fell by 4pc in July and for the tenth time in eleven months. But the contraction was the smallest in four months.Firmer engine oils demand contrasted with an 18pc fall in consumption of other lubricants.The trend mirrored Thailand’s sustained slowdown in industrial production that contrasted with its firmer retail sales..Thailand’s July base oils output slips
