Returning from the holidays, driven by the sharp increase in international crude oil prices, domestic industrial white oil prices have continued to rise. Statistics from Longzhong show that the increase is as high as 800 yuan/ton. What is the current market supply and demand situation? What can be achieved in the future? Whether it will continue to rise, let’s analyze it below.
First, let’s take a look at the supply situation.
Figure 1 Domestic industrial white oil production statistics</strong
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