Brent 110.194 and a firm USD/CNY 6.6675 cut SN150/SN500 import landed cost; the Botavia Energy 100 MT trial to Long Beach tests bill-of-lading verification and dollar settlement.

Base oil (SN150/SN500) import parity tracks Brent closely. With Brent at $110.503 and USD/CNY easing to 6.6683, dollar-quoted base oil cargoes translate into lower CNY cost. The CNY side of SNSUC's 100-ton SN150/SN500 trial order to Botavia gets more room to breathe.