The base oil market remained stable this week, with some models slightly adjusted, the market trading was flat, and the short-term base oil market remained stable.
South China Huizhou refinery due to maintenance, low shipments, traders raised Huizhou 150N by 50 yuan / ton; some models have not fluctuated.
In terms of imported resources, Thailand ’s 150BS domestic inventory is low, and the amount of resources arriving in Hong Kong in March has decreased significantly. Later prices may increase slightly.
With the warming of the temperature, the medium and long-term high-viscosity base oil market has a bullish trend. Affected by new capacity and some manufacturers' maintenance, the supply side is relatively stable, and the market trading atmosphere is acceptable.