Sinopec raises December base oils prices by $14.60/t
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Sinopec has hiked prices of base oils for December contracts by yuan (CNY) 100/tonne ($14.60/tonne) for all groups effective 1 December.Tight supply was a major reason behind the raise.
中石化12月原油的合同价上涨100元/吨,12月1日生效,供应紧张是此次涨价的主要原因之一。