ResearchIndustry2026-10-29
Base Oil SN150/SN500 Import Parity Recomputed: Brent 110 plus Yuan 6.66 Opens Botavia Long Beach Trial Window
Base oil import parity bottoms on Brent and the exchange rate; with Brent at $110.04 and USD/CNY 6.6613 the USD landed cost eases, and Botavia's 100-tonne SN150/SN500 trial through Long Beach extends the lubricant line into North America.