AFPM '18: US base oils moving readily into Mexico at lower prices

摘要

SAN ANTONIO, Texas (ICIS)--Base oils are moving readily into the Mexican market at prices broadly discounted from the levels trading several weeks ago, according to buyers attending the American Fuels & Petroleum Manufacturers (AFPM) International Base Oils & Waxes Conference. "We are seeing as much as 50 cents/gal down on some grades from certain traders," one buyer said on the sidelines of the conference.