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Russian engine oil prices soar

 Last Update: 2021-09-12
 Source: Internet
 Author: User

Tags

vegetable oil lubricant

impart auto parts

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Recently, Autodoc.
ru, an online seller of Russian auto parts and finished lubricants, said that due to the shortage of base oil supply and the sharp rise in operating costs, the retail price of Russian engine oil has risen by about 40%
.

The company found that the average retail price of Russian engine oil at the end of July was about 500 rubles, higher than the 300 rubles at the beginning of the year

Vladislav Soloviev, head of Autodoc.
ru, said: “The sharp increase in engine oil prices is due to the shortage of base oil used by all lubricant manufacturers
.

” The lockdown caused by the new crown pneumonia epidemic and the unsmooth global logistics and production chain are Another reason for engine oil supply is blocked

Soloviev said: "Russian petrochemical companies are unable to meet domestic demand for engine oil
.

We have also noticed a significant increase in logistics, packaging and other operating costs

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