Thailand’s lubricating oil demand fell in June for the ninth time in ten months as a slowdown in consumption extended to engine oils.Total lube consumption of 32,830 kilolitres (29,080t) in June fell from 37,500kl the previous month and by 28pc from year-earlier levels, government data showed.The speed of the fall in demand was the largest in more than a decade.Consumption of heavy-duty engine oils fell by more than 20pc in June for a third month.Demand for passenger-car motor oils (PCMO) fell by 7pc and for a third straight month. PCMO consumption had previously held firmer until the end of the first quarter of the year.Demand for Group I base oils from Thailand’s refiners fell by 39pc in June to less than 10,000kl.Base oils consumption of 28,650kl in the second quarter was down 31pc from 41,610kl during the first three months of the year..Thailand’s June base oils output rises
Thailand’s lubricating oil demand fell in June for the ninth time in ten months as a slowdown in consumption extended to engine oils.Total lube consumption of 32,830 kilolitres (29,080t) in June fell from 37,500kl the previous month and by 28pc from year-earlier levels, government data showed.The speed of the fall in demand was the largest in more than a decade.Consumption of heavy-duty engine oils fell by more than 20pc in June for a third month.Demand for passenger-car motor oils (PCMO) fell by 7pc and for a third straight month. PCMO consumption had previously held firmer until the end of the first quarter of the year.Demand for Group I base oils from Thailand’s refiners fell by 39pc in June to less than 10,000kl.Base oils consumption of 28,650kl in the second quarter was down 31pc from 41,610kl during the first three months of the year..Thailand’s June base oils output rises
