Thailand’s base oils supply lagged demand for a second month in September, slashing the country’s surplus supply.Total supply, or domestic base oils production and imports combined, came to 71,300 kilolitres (63,000t) in September, government data showed.The volume fell slightly from the previous month to the lowest since February.Total demand, or domestic consumption and base oils exports combined, came to more than 83,000kl in September.The volume fell from more than 87,000kl in August but was still the second-highest since March.The trend left a supply shortfall of close to 12,000kl in September, versus more than 15,000kl in August.The shortfall almost fully balanced out a surplus of more than 30,000kl in June and July combined.It contrasted with a supply surplus of close to 50,000kl in the third quarter of last year..Thailand’s Sept lube demand rises.Thailand’s Sept base oils output falls
Thailand’s base oils supply lagged demand for a second month in September, slashing the country’s surplus supply.Total supply, or domestic base oils production and imports combined, came to 71,300 kilolitres (63,000t) in September, government data showed.The volume fell slightly from the previous month to the lowest since February.Total demand, or domestic consumption and base oils exports combined, came to more than 83,000kl in September.The volume fell from more than 87,000kl in August but was still the second-highest since March.The trend left a supply shortfall of close to 12,000kl in September, versus more than 15,000kl in August.The shortfall almost fully balanced out a surplus of more than 30,000kl in June and July combined.It contrasted with a supply surplus of close to 50,000kl in the third quarter of last year..Thailand’s Sept lube demand rises.Thailand’s Sept base oils output falls