For the first time, Recycled Base Oil price increased two times in less than 3 months

This article was prepared by Tina Taghavi, the sales manager of Infinity Galaxy

In recent weeks, fluctuations in the market for fuel and oil products have entered an upward trend. Reasons for this include a seasonal pattern of declining temperatures in the Northern Hemisphere that has increased fuel consumption, as well as rising Brent crude oil prices to about $ 50.
One of the products that have been affected by this issue is Recycled base oil sn150. The price of raw materials for Recycle base oil production has more than doubled in recent weeks, and the demand for this product in the market, especially in the Indian market, is increasing.
Market analysis shows that in the next few days, the price of Recycle base oil SN150 for the most imported ports of Mundra and Nhava Sheva will exceed $ 610. This is the highest price for this product during its import to India.
The analysis team of Infinity Galaxy is trying to provide the information required by customers on a daily and instantaneous basis by analyzing the latest statistics and news about quality and changes in oil prices.