Updated Base Oil Price Trend, Historical & Forecast Data

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North America Base Oil Prices Movement Last Quarter:

Base Oil Prices in the United States:

Product

Category

Price

Base Oil

Chemical

1732 USD/MT

During the last quarter, the Base Oil Prices Graph shows prices in the United States fluctuated significantly, averaging $1,732 per metric ton. The quarter began with a notable price drop, largely attributed to weakened consumer confidence and the effects of high interest rates, which eroded purchasing power and curbed demand. Midway through the quarter, prices saw a temporary rebound driven by improved customer sentiment and a brief recovery in market conditions. However, this upward momentum was short-lived, as prices declined again toward the quarter's end due to softening demand and sluggish economic performance. This trend underscored the cautious outlook that dominated the market during this period.

 

APAC Base Oil Prices Movement Last Quarter:

Base Oil Prices in China:

Product

Category

Price

Base Oil

Chemical

818 USD/MT

In the last quarter, base oil prices in China saw significant increases, peaking at $818 per metric ton. This steady upward trend was fuelled by multiple factors, including supply constraints caused by maintenance-related production shutdowns. Simultaneously, heightened demand from critical sectors such as manufacturing and automotive added further pressure to the limited supply. Geopolitical instability compounded these challenges, disrupting transportation and logistics and adding to market uncertainty. These combined factors drove the consistent price rise throughout the period.


How the IMARC Pricing Database Can Help

The latest IMARC Group study, “Base Oil Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed Base Oil price trend analysis and offers key insights into the global Base Oil market dynamics. This report includes comprehensive price charts that trace historical data and highlight major market shifts.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Base Oil demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. The price report uncovers critical factors influencing current and future prices by exploring the intricate relationship between supply and demand.

Get Real-Time Prices of Base Oil: https://www.imarcgroup.com/base-oil-pricing-report


Key Features:

Key Attributes

Details

Product Name

Base Oil

Report Features

Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Base Oil Price Analysis, and Segment-Wise Assessment.

Currency/Units

US$ (Data can also be provided in local currency) or Metric Tons

Information Covered for Key Suppliers

·       Company Overview

·       Business Description

·       Recent Trends and Developments

Customization Scope

The report can be customized as per the requirements of the customer

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, benchmarking analyses, pricing and cost research, and procurement research.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No: (D) +91 120 433 0800
United States: +1-631-791-1145

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