Kunlun's Lubricant Oil Price Up 2% at the End of August

It is understood that following May 1, 2010, Kunlun Lubricants raised 200 yuan/ton, PetroChina Kunlun Lubricant Group Co., Ltd. will increase all lubricant prices again by the end of August, with an average increase of 2%, and an increase of about 30-40 yuan per barrel. about. At present, Kunlun Company has verbally informed the price increase of subordinate agents. At present, no official documents have been issued yet.

According to informed sources, the price adjustment was mainly due to the upcoming oil season and the market demand began to rebound, coupled with the current high domestic and international base oil prices, and there is a further upward trend, so the pressure of rising costs Next, CNPC increased the price of lubricants.

However, the person also said that since August Kunlun Lubricants canceled promotional offers, the agency's acceptance of the current price level is not good. This led to a grim sales situation for lubricants in August, and inventory pressure was gradually rising. After this increase again, we fear further sales pressure will increase.

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