The Argus China Base Oils service provides an overview of the week’s market activities, as well as detailed base oil price assessments and analysis of the northeast Asia base oil market.

We also include valuable price analytics information on base oil premiums to crude and gasoil.

The report, presented in Chinese Mandarin, is an extract from our Argus Base Oils service, a global publication that captures the full spectrum of base oils trade in the international market.

Key features


Spot price assessments

Weekly market spot price assessments and analysis for Group I, Group II, and Group III base oils in Asia-Pacific and northeast Asia.


Producers’ prices

Chinese producers’ posted prices.


Ex-tank prices

Domestic Chinese ex-tank prices for Group I Bright Stock, Group II and Group III base oils.


Freight rates

Asia-Pacific shipping freight rates.


Global capacity data

Global refinery maintenance and new plants in easy-to-read tables.


Fundamentals data

Key global fundamentals data on base oil supply and demand, imports and exports.


Robust methodology

Price are assessed using a transparent market-appropriate methodology.

Customers that benefit

The Argus China Base Oils service offers valuable prices and market analysis that is key for anyone working in the market. Below are some examples of how clients use this service:
  • Traders

    Traders can see an overview of market fundamentals and Chinese producer posted prices and identify market positions.
  • Base oil producers

    Base oil producers can enhance production planning through our superior market analysis and price data.
  • Lubricant business managers

    Lubricant business managers, producers and users can see valuable base oil market assessments broken down to negotiate the most market-appropriate contract price.

Key price assessments

Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.