Base Oil Report: As per the data analysis by our team, SN 150 Base Oil FOB Europe prices were hovering in the range of USD 1020 – 1035 PMT in the month of January 2011, further prices raised up continuously & prices reported in the range of USD 1060 – 1075 PMT in February, USD 1120 – 1135 PMT in March, USD 1145 – 1160 PMT in April, USD 1200 – 1215 PMT in May and USD 1370 – 1385 PMT in June. Prices dipped down in July & priced in the range of USD 1355 – 1370 PMT. In August prices felt down & reported in the range of USD 1350 – 1365 PMT. Prices firmed up in September 2011 & priced in the range of USD 1355 – 1370 PMT. In October prices dipped down & reported in the range of USD 1180 – 1195 PMT, while in November prices reported at USD 1060 – 1085 PMT. In December 2011 prices felt down & priced at USD 1010 – 1025 PMT and in January 2012 prices remained unchanged as compared to previous month price. In current month i.e. February 2012, price of the product have gone up by USD 10 PMT (1%) and is oscillating in the range of USD 1020 - 1035 PMT.

Base Oil Report: As per the data analysis by our team, Thailand imported approximately 202962 MT of Base oil during the period Jan 2011 – Dec 2011. The country exported 129542 MT (64%) from Singapore, 45781 MT (23%) from Korea, 13525 MT (7%) from Malaysia, 6378 MT (3%) from Japan, 6124 MT (3%) from Sweden, 1385 MT (1%) from Belgium and 227 MT from Other Countries.

Base Oil Report: As per the data analysis by our team, SN 500 Base Oil FOB Europe prices were hovering in the range of USD 1065 – 1080 PMT in the month of January 2011, whereas in the month of February prices hiked up & reported in the range of USD 1075 – 1090 PMT, while further prices firmed up & reported at USD 1155 – 1170 PMT in March, USD 1160 – 1185 PMT in April, USD 1205 – 1220 PMT in May and USD 1410 – 1425 PMT in June 2011. Thereafter prices decreased & priced in the range of USD 1380 – 1395 PMT in July, USD 1355 – 1370 PMT in August, USD 1350 – 1365 PMT in September, 1195 – 1210 in October, USD 1075 – 1090 PMT in November, USD 1030 – 1045 PMT in December 2011, while in January 2012 prices remained unchanged as compared to previous month price. In current month i.e. February 2012, prices of the product have gone up by USD 10 PMT (1%) as compared to last month & reported in the range of USD 1040 – 1055 PMT.

Base Oil Report: As per the data analysis by our team, Thailand exported approximately 140762 MT of Base oil during the period Jan 2011 – Dec 2011. The country exported 107546 MT (76%) to Singapore, 13649 MT (10%) to China, 7743 MT (6%) to Vietnam, 5254 MT (4%) to Taiwan, 4594 MT (3%) to Australia, 1788 MT (1%) to Indonesia and 188 MT to Malaysia.

Base Oil Report: As per reports and information from our sources,It is critical to consider the base oil viscosity when selecting a grease. The NLGI number relates to the consistency of the grease, not its viscosity per se. It is possible to create NLGI #2 grease using ISO VG 10 base oil or ISO VG 1000 base oil.One would never use ISO VG 10 oil in an application that demands ISO VG 1000.We shouldn't casually consider the base oil requirement when selecting grease. As an example, open gear greases are frequently NLGI #0 or #00, but they are made using very high viscosity base oil.

Base Oil Report: As per reports and information from our sources,Some 20 to 25 refineries in Europe are in danger of closing, the head of France's petroleum industry body (UFIP) said on Wednesday, without naming any which will be next on the firing line.A number of European refiners already have closed since spring 2009 as the industry suffers from overcapacity, exacerbated by falling demand in the region amid an economic downturn and by increasing competition from more modern refineries in Asia and the Middle East."We estimate between 20 and 25 refineries out of 115 in Europe are either in the process of stopping operations, on sale or in a very tricky situation," Jean-Louis Schilansky, head of the lobby, told a news briefing.Europe's largest independent refiner, Petroplus, has become the latest victim, with closures of several plants since December.It's an industry in which, if you are not among the best, you face a big risk of bankruptcy," Schilansky said.Four refineries in France have been closed or mothballed or have halted operations since 2010, and UFIP's head said the European refining industry is far from seeing the light at the end of the tunnel.In France, the plant closures as well as a 5 percent rise in 2011 diesel consumption have led to a 3 million tonne rise in French diesel imports to 18 million tonnes, or half the country's total diesel consumption."The rise in imports is a worry, but we do not have any particular problem in finding the products on the market," Schilansky said.In 2011 France imported 60 percent of its diesel from Russia and the remainder from the United States, other European countries and India.If the (French) Petroplus refinery closed, then we would be structurally short, which would mean that we would be in a situation in which we systematically rely on imports," he said.To help the competitiveness of the French refining sector, the UFIP is calling on the government and candidates for the presidential election in April to progressively harmonise taxes on diesel and gasoline.The French refining industry was designed to produce mainly gasoline, but the fuel has in the past 10 years come under fire because it emits high levels of carbon dioxide.The UFIP is also calling for France to put in place minimum operations in oil port terminals during strikes. Schilansky said the five-week strike in ports and refineries at the end of 2010 heavily disrupted fuel supplies and proved their vital role in the French economy."If oil ports do not operate, we suffocate the country. The crisis of 2010 has incited us to ask for the creation of a minimum service since we are still exposed to strikes," Schilansky said, adding that the highly unionised Marseille oil port, at the heart of the 2010 strike supplied 38 percent of the country's oil deliveries.

Base Oil Report: As per the data analysis by our team, So far in this year i.e. from Jan 2011 to December 2011, Thailand exported 140762 MT of Base Oil. The country Exported 12689 MT of Base Oil in January 2011, 6491 MT in February, 9231 MT in March, 12345 MT in April, 18300 MT in May, 10446 MT in June, 8768 MT in July, 11613 MT in August, 14348 MT in September, 24205 MT in October, 2987 MT in November and 9340 MT in December 2011. Compared to last month i.e. November 2011, exports of the country have jumped by 6353 MT in the month of December 2011. Thailand exports have decreased by 32% in December 2011 as compared to same period last year i.e. December 2010.

Base Oil Report: As per the data analysis by our team, So far in this year i.e. during the period January to December 2011, India imported 1866734 MT of Base Oil. The country imported 130459 MT of Base Oil in January 2011, 97741 MT in February, 173659 MT in March, 169585 MT in April, 149686 MT in May, 119797 MT in June, 120227 MT in July, 193773 MT in August, 177333 MT in September, 152494 MT in October, 196926 MT in November and 185054 MT in December 2011. Compared to last month i.e. November 2011, import of the country has gone down by 6% MT in the month of December 2011. India import has increased by 6% in December 2011 as compared to same period last year i.e. December 2010.

Base Oil Report: As per the data analysis by our team, India imported roughly 185054 MT of Base Oil in the month of December 2011, which comprises 76102 MT (41%) of Base Oil N-60/70/TOBS/SN-70/SN-90/HVI, 39385 MT (21%) of J-150/N-100/N-150/N-250, 21912 MT (12%) of Bright Stock- 150, 20135 MT (11%) of J-500/N-500/N-600, 9639 MT (5%) of SN-100/130/150/APCORE 150/SN-180, 3312 MT (2%) of Rubber Process Oil, 8402 MT (5%) of SN-500/AP CORE 600/SN-400, 3172 MT (2%) of Hygold 100/500/2000/4000 Tuffalow and 2994 MT (2%) of Naphthenic Transformer Base Oil.

Base Oil Report: As per the data analysis by our team, during the month of December 2011, India imported 185054 MT of Base Oil. The country imported 85455 MT (46%) from Korea, 27127 MT (15%) from Taiwan, 19937 MT (11%) from Singapore, 11924 MT (6%) from USA, 10335 MT (6%) from UAE, 8310 MT (4%) from Malaysia, 4532 MT (2%) from Pakistan, 3115 MT (2%) from Thailand, 3002 MT (2%) from Brazil, 2648 MT (1%) from Indonesia, 2433 MT (1%) from Saudi Arabia, 1303 MT (1%) from Iran, 1032 MT (1%) from Japan, 1021 MT (1%) from Sweden and 2881 MT (2%) from Other countries. While in the month of December 2011, India imported 185054 MT of Base Oil, India imported the huge quantum in small shipments on different ports like 146258 MT (79%) into Bombay, 21817 MT (12%) into JNPT, 6005 MT (3%) into Kandla, 5208 MT (3%) into Madras, 2040 MT (1%) into Calcutta, 1948 MT (1%) into Mundra and 1778 MT (1%) into Other Ports.