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Half year Summary of base Oil Market! Cost support for supply-demand balance, with high prices becoming the norm

In the first half of the year, the overall domestic base oil market experienced narrow fluctuations, with the price center shifting downwards. From January to June 2024, the average price of domestic base oil 150N (cash in exchange, self pickup, tax included, the same below) was 8651.2 yuan/ton, a decrease of 4.71% compared to the same period last year. based on the monthly average price level of base oil in the first half of 2024, the price of base oil is at a relatively high level in recent years.…

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