The ARGUS USGC Group I and Group II bulk export price assessments
Structural increases in base oils production capacity have prompted US producers to export more surplus supply to keep the domestic market balanced. This growing US export market requires robust price assessments that reflect accurately current market fundamentals.
Advantages of the ARGUS USGC Group I and Group II bulk export price assessments
The Argus USGC Group I and Group II fob price assessments are dynamic and reflect rather than lag the market spot price. The assessments adhere to a robust base oils methodology that is applied in the same way in every market.
Users of the ARGUS USGC Group I and Group II bulk export price assessments
These prices are used by producers, exporters and blenders buying and selling US base oils. More US base oil exports are referencing or indexing Argus US Group I and Group II assessments.