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Base Oil Report: As per oor conversation and reports, Napthenic Base Oils prices in USA may be strenghtened due to turnarounds at some of the plants in this quarter.Supply of Paraffinic and Napthenic Base Oil at present is steady wit adequate inventories.Base Oil production is also controlled as refiners margins are better in producing fuels.
Base Oil Report: As per reports and information from our sources,USA Base Oil Paraffinic and Napthenic inventories running at a low level with prices remains stable.Reportedly, Group II BaseOil producer Motiva plant may be in stream after a planned maintenance shortly.Napthenic Base Oil producer Nynas is also scheduled within a couple of months at Sweden.
Base Oil Report: As per reports and information from our sources,Base Oil prices in USA market has gained strength.Napthenic heavy grades prices are spiking up and with robust demand. Lofty feedstock costs alongside dusty posted prices are keeping U.S. base oil market participants on guard.With the year end nearing, prices may tend to weaken but due to lower prodcton and inventories may keept prices on firm ground..
Base Oil Report:As per information from our sources,Base Oil prices in USA is steady with refiners building an inventories to avoid a production issues due to Hurricane season.Reportedly,Heavy neutrals FOB exports prices are in the price range of USD 1030 - 1050 on spot basis.Demand for Napthenic Base Oil also is robust in USA, particularly of lighter grades
Base Oil Report: As per information,Base Oil demand in USA is steady with Heavy Neutrals and Bright Stock prices strengthening.Lighter grades Group II Base Oil of Motiva relaxes supply curbs as plant is back on stream.Napthenic Base Oil Prices are getting stronger as buyer demands are not satisfied by refiners.
Base Oil Report: USA Origin Base Oil Cargoes of approximately 9345 MT is scheduled to reach Mumbai Port in the Vessel Stolt Noreland around 25th June 2010.The grades are L -500/2000/TOBS NAPTHENIC/Base Oil 70- C, etc for Ms. Apar Industries Ltd, Savita technologies Ltd, Panama Petrochem Ltd, Raj Petro Specialitis Pvt. Ltd, Gandhar Oil Refinery, etc.The cargoes are of Ergon Refinery, etc.
Base Oil Report: As per information and having a conversation with buyers, Napthenic Base Stock producer like Nynas,San Joaquin, Ergon, Calumetin USA have hiked their base oil postings or about to hike by 20 cents per gallon due to renewed demand.Flint Hills & Motiva also anounced hike for Paraffinic Base Stocks by 20 - 30 cents respectively.
Base Oil Report: As per the data received from Indian customs, Napthenic Transformer Oil Base Stock & Hygold 100/V175 BS from USA of approx. 4288 MT have been received at Indian Port during the month of March 2010. Napthenic TOBS have been procured in the price range of USD 865 – 885 per MT CFR Indian Port, while Hygold 100/V175BS is sourced in the range of USD 810 – 845 per MT CFR Indian port.
Base Oil Report: As per the information from our sources, Base Oil both Paraffinc & Napthenic prices are gaining strength due to demand forthcoming and number of refiners are on outages.Heavy grades napthenic base oils prices are moving up by USD 40 - 50 per MT fob USA.Group I prices of Valero have also increased.
Base Oil Report: Global Base Oil prices for both Paraffinc and Napthenic are showing a volatile movement.Due to Global reccession demand were weakened and prices have touched the bottom of to the 2004 level, thereby after huge bailout packages, ecomonmy is showing some signs of revival and demand is picking up. Now due to Crude Oil bracing above USD 75 per barrel, prices may witness an upward thurst for both paraffinic and Napthenic grades. Demand for Heavy Napthennic grdae Pale -2000 is surging as tyre industries deamnd is robust.Lighter grade Napthenic grade witnesses demand from insulating oils manufaturers.Paraffinic heavier grades is in demand.It is perceived that due to weakning of dollars, and crude oil prices stays above USD 75 per couple of weeks than the jup in prices by USD 100 - 150 per MT is not ruled out. Only factors which may dampen the spirits for rising prices will be the clearing of inventories due to end of account period in Dec 2009.
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