A base oil producer based in Singapore has raised its ex-tank Singapore prices for all of its grades, says an article published in ArgusMedia.
The rise in prices of the ex-tank by base oil producers in Singapore
Rise in prices
- The producer has raised its ex-tank Singapore price for Group I SN 150 by $100/t.
- For SN 500 the price is increased by $150/t.
- Bright stock price of SN 500 has increased by $220/t.
- The price for Group II N150 is increased by $120/t.
- Price for N500 by $180/t.
Rise in prices of Premium
- Bright stock premium to SN 500 has risen to $285/t.
- Bright stock premium to SN 150 rose to $870/t.
- The producer’s SN 500 premium to SN 150 has risen to $585/t.
- Group II N500 discount to Group I SN 500 increased to $205.
- Group II N500 premium to N150 rose to $295/t.
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Source : ArgusMedia
