In today’s briefing:
- Hybridan Small Cap Feast: 31/03/2025
- Global base oils margins outlook: Week of 7 April
- Asia base oils supply outlook: Week of 7 April
- Americas/EMEA base oils supply outlook: Week of 7 April
- Americas/EMEA base oils demand outlook: Week of 7 April
- Global base oils arb outlook: Week of 7 April
Hybridan Small Cap Feast: 31/03/2025
- The international biomass based renewable energy business, today announced that its European patent application has been allowed under a Patent Application for its innovative “Process for Beneficiating and Cleaning Biomass”.
- This forthcoming Patent strengthens the intellectual property portfolio underpinning the Company’s CoalSwitch technology, a next-generation solution for producing sustainable biomass fuel.
- The newly allowed patent application will grant protection in several EU countries reinforcing Active Energy’s innovation in the global biomass industry.
Global base oils margins outlook: Week of 7 April
- Global base oils prices face growing upward pressure versus feedstock/diesel prices following slump in crude oil prices.
- Firming base oils premium points to tightening supply and rising demand, incentivizing refiners to maintain or raise output.
- Recent slump in crude oil prices reflects concern about slowdown in global economic activity and subsequent drop in demand.
Asia base oils supply outlook: Week of 7 April
- Asia’s base oils prices resume rise versus feedstock/gasoil prices.
- Rising margins point to still-firm supply-demand fundamentals at start of Q2 2025.
- That dynamic could change in coming weeks if economic growth slows, compounding typical seasonal dip in demand from end of second quarter.
Americas/EMEA base oils supply outlook: Week of 7 April
- US base oils prices rise versus crude oil/competing fuel prices.
- Base oils margins rise because of slump in crude oil prices.
- Base oils premium to VGO previously stayed in relatively narrow range even with round of plant maintenance work and at time of year when demand faces seasonal boost.
Americas/EMEA base oils demand outlook: Week of 7 April
- US base oils demand could weaken in face of widespread market volatility and slumping crude prices.
- Any slowdown in demand would be at a time of year when consumption typically gets a seasonal boost.
- More muted demand would cushion impact of round of base oils plant maintenance work.
Global base oils arb outlook: Week of 7 April
- US Group II base oils export price-discount to CFR India prices widens further through March 2025 even ahead of imposition of US tariffs and slump in crude oil prices.
- US Group I brightstock export price flips to rare discount to CFR India price in recent weeks.
- Ongoing weakness of US export prices points to weaker-than-usual domestic demand.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
