Base oil price sales market overall demand is weak, after the traditional peak period is not prosperous, since entering the traditional off-peak season, China's basic oil prices have always shown a downward trend。However, after the decline, the trading volume of the sales market has not significantly recovered, and the economic environment in 2021 is generally weak, especially the impact on the import sales market of base oil prices is very large, and most import companies are in the decline loss link。但Lubricating oilInvestment analysts think that looking at the overall sales market demand, the sales market demand for lubricating oil is still slow to rise as the dominant, only from the data information, the increase in demand is far less than the growth of the sales market supply。

        Sales market demand side: The key lubricants are used in vehicles, steel, airlines, ships, hydropower, machinery and equipment, among which automotive lubricants and industrial lubricants account for about 80% of the total demand for lubricants。 The demand of iron and steel enterprises is gradually increasing, but the annual growth rate is a declining development trend, the key is affected by the overall environment of China's economic development。Data information shows that 67% of the demand for industrial lubricants in iron and steel enterprises is dominated by industrial gear oil, and other commodities account for about 33%。

        Automobile lubricating oilDemand, the sales of civilian cars gradually increased, stabilized the demand for automotive cooking oil。The increase in the total number of vehicles also means that the use of automotive lubricating oil follows the increase, and it is accompanied by the brand of the carContinuous optimizationAt this stage, car buyers are using maintenance instead of repair, and the maintenance of cars and the selection and investment of high-quality lubricants have increased, which has produced great market prospects for the demand and development trend of automotive lubricants。

        In the power generation industry chain, the key industrial lubricants are dominated by turbine oil series products, accounting for about 78%, and other industrial lubricants account for about 22%。In the shipbuilding industry chain, the key demand for industrial lubricating oil is dominated by gear oil and steam turbine oil, in which gear oil accounts for 46%, steam turbine oil accounts for 29%, and the other accounts for about 25%。In the concrete industry chain, the key demand for industrial lubricating oil is dominated by industrial gear oil and gear oil, accounting for 27% and 31% respectively, and other commodities account for about 42%。This industrial chain is greatly harmed by China's real estate industry, and in 2021, it will be controlled by China's real estate industry, and the demand for industrial lubricating oil will suffer significant harm to this matter。