Chinese Base Oil Market Annual Report 2016

Published: March 2017
No. of Pages: 43
Single User License: US $ 1950

Keywords: Base oil capacity, output, demand, import, export, review and forecast of the base oil market in and out of China. Sinopec, PetroChina, CNOOC, Shandong Qingyuan Group, Panjin North Asphalt, Hainan Handi Sunshine Petrochemical, Shell, ExxonMobil, and other base oil participating enterprises are involved.

2016 is the first year of China’s 13th Five-Year Plan, and the supply-side reform has been deeply implemented. Structural overcapacity in China’s Group I base oil and light-grade base oil industry is quite severe. Supported by detailed data, 2016 Chinese Base Oil Market Annual Report will analyze the supply-demand pattern of base oil market and make a forecast on the coming years’ development.
China’s base oil capacity was 8,220kt/a in 2016. The capacity of Group I and Group II base oil were 3,870kt/a and 4,350kt/a respectively. The output was 2,713kt/a, which was basically in line with that in 2015. China's total base oil import volume was 2.846.9kt in 2016, up 10.52% from the same period of 2015 and 5.06% from that of 2014. The base oil export volume in 2016 was 46.9kt, and the export volume in July was 13.3kt, hitting a record high.

Published By: SCI Group
Product Code: SCI Group9

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