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Recently, the Ministry of Economy, Trade and Industry of Japan released data showing that in June this year, domestic lubricant consumption in Japan increased by 22% year-on-year to 141,900 kiloliters, compared with 116,200 kiloliters in the same period last year, which is much higher than that of June 2019.
The monthly consumption of 107,800 kiloliters
.
In the first half of this year, the consumption of lubricants in Japan rose from 694,100 kiloliters in the first half of 2020 to 785,000 kiloliters, an increase of 13%
.
In addition, Japan's lubricating oil production and import and export data also recovered in June
.
Japan’s lubricating oil production in June increased by 23% year-on-year, from 144,500 kiloliters in the same period last year to 178,300 kiloliters
.
The Ministry of Economy, Trade and Industry of Japan stated that the reason for this phenomenon is that although Japan has been affected by the new crown pneumonia epidemic at home and abroad, the economy is still severe, but the economic situation has improved significantly
