The Gear Oil price trend in the Southeast Asian market remained stable during April xxxx. The production and supply of Gear Oil in Southeast Asia remained stable, supported by strong inventory levels and consistent production rates. Meanwhile, demand for Gear Oil remained subdued due to reduced consumer spending and reliance on existing inventories. The Gear Oil prices in Southeast Asia are expected to decline further due to lower feedstock costs and increased crude oil production, with supply levels rising and demand stabilizing mid-quarter.
The Gear Oil production and supply in Southeast Asia remained stable, supported by strong inventory levels and consistent production rates. Production was aided by moderate feedstock availability and a solid order backlog. Supplies remained steady from key regional exporter Singapore, although its export growth was slower than expected, rising by just x.xx year-on-year in March xxxx....
