Global Editor, Base Oil News

Iain Pocock

Global Editor

Global Base Oils and Lubricants Markets

Base Oil News

Base Oil News focuses on the interplay between fundamentals and prices in the global base oils and lubricants markets.

Baseoilnews.com combines daily, weekly and monthly base oils and lubes fundamentals data from every region of the world to build the most comprehensive and up-to-date global picture of the state of the market.

The data and analysis provide key tools to understand current market developments and opportunities and to anticipate how the market is likely to behave in the coming months.

Base oils producers, lube blenders and consumers can then better plan accordingly.

Baseoilnews.com analyses and publishes market news and data every day as it breaks.

Commodities

<ul><li>Global base oils prices hold at levels versus feedstock and competing fuel prices that sustain incentive for refiners to maintain or raise output.</li><li>Margins hold firm even at time of year when surplus supply typically starts to build amid seasonal slowdown in demand.</li><li>Firm margins could point to supply-demand fundamentals that are tighter than usual for time of year.</li></ul>

Global base oils prices hold at levels versus feedstock and competing fuel prices that sustain incentive for refiners to maintain or raise output.Margins hold firm even at time of year when surplus supply typically starts to build amid seasonal slowdown in demand.Firm margins could point to supply-demand fundamentals that are tighter than usual for time of year.

Global base oils margins outlook: Week of 25 August

<ul><li>Europe Group I brightstock price stays unusually firm relative to light and heavy neutrals so far in Q3 2025.</li><li>Europe Group I brightstock price stays unusually firm versus feedstock vacuum gasoil price so far in Q3 2025.</li><li>Europe Group I export brightstock price maintains steep premium to imported cargo prices in markets like India.</li></ul>

Europe Group I brightstock price stays unusually firm relative to light and heavy neutrals so far in Q3 2025.Europe Group I brightstock price stays unusually firm versus feedstock vacuum gasoil price so far in Q3 2025.Europe Group I export brightstock price maintains steep premium to imported cargo prices in markets like India.

Global base oils arb outlook: Week of 25 August

<ul><li>Asia’s base oils price-premium to Singapore gasoil holds firm at levels that incentivize refiners to maintain or raise output.</li><li>Firm margins point to still-tight supply-demand fundamentals.</li><li>Margins hold firm even with prospect of rise in surplus base oils supply in Asia in Q3 2025 in response to pick-up in output and slowdown in demand.</li></ul>

Asia’s base oils price-premium to Singapore gasoil holds firm at levels that incentivize refiners to maintain or raise output.Firm margins point to still-tight supply-demand fundamentals.Margins hold firm even with prospect of rise in surplus base oils supply in Asia in Q3 2025 in response to pick-up in output and slowdown in demand.

Asia base oils supply outlook: Week of 25 August

<ul><li>Asia’s base oils demand likely to stay cautious even with round of stock-replenishment in coming weeks.</li><li>Asia’s lube demand likely to rise over coming months after bottoming out in month of August.</li><li>Lower demand in August likely triggers pick-up in surplus supplies in Asia-Pacific region.</li></ul>

Asia’s base oils demand likely to stay cautious even with round of stock-replenishment in coming weeks.Asia’s lube demand likely to rise over coming months after bottoming out in month of August.Lower demand in August likely triggers pick-up in surplus supplies in Asia-Pacific region.

Asia base oils demand outlook: Week of 25 August

Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Quantitative Analysis

<ul>
<li>We analyse the changes of A-H premium on 157 stocks over the last week. The average A-H premium was 58.0% as of Aug 22nd.</li>
<li>The average A-H premium changed by 3.6ppt week-on-week, led by consumer staples, real estate, materials.</li>
<li>We highlight weekly changes in A-H premium for Air China, Cosco Shipping Development, Ganfeng Lithium, Fuyao Glass.</li>
</ul>


We analyse the changes of A-H premium on 157 stocks over the last week. The average A-H premium was 58.0% as of Aug 22nd.
The average A-H premium changed by 3.6ppt week-on-week, led by consumer staples, real estate, materials.
We highlight weekly changes in A-H premium for Air China, Cosco Shipping Development, Ganfeng Lithium, Fuyao Glass.


A-H Premium Weekly (Aug 22nd): Air China, Cosco Shipping Development, Ganfeng Lithium, Fuyao Glass

China

Sinopec Shanghai Petrochemical Company Limited processes crude oil into a broad range of synthetic fibers, resins and plastics, intermediate petrochemical products and petroleum products.

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Sinopec Shanghai Petrochemical (338 HK)

Global base oils margins outlook: Week of 25 August

Global base oils prices hold at levels versus feedstock and competing fuel prices that sustain incentive for refiners to maintain or raise...

Base Oil News

Global base oils arb outlook: Week of 25 August

Europe Group I brightstock price stays unusually firm relative to light and heavy neutrals so far in Q3 2025. Europe Group I brightstock price...

Base Oil News

Asia base oils supply outlook: Week of 25 August

Asia’s base oils price-premium to Singapore gasoil holds firm at levels that incentivize refiners to maintain or raise output. Firm margins point...

Base Oil News

Asia base oils demand outlook: Week of 25 August

Asia’s base oils demand likely to stay cautious even with round of stock-replenishment in coming weeks. Asia’s lube demand likely to rise over...

Base Oil News

A-H Premium Weekly (Aug 22nd): Air China, Cosco Shipping Development, Ganfeng Lithium, Fuyao Glass

We analyzed A-H premium changes in the past week and highlight A-H premium changes for Air China, Cosco Shipping Development, Ganfeng Lithium,...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)