South Korea FOB Base Oil prices was up by USD 20 PMT in January compared to previous month price

TOBS Base Oil FOB Korea prices were hovering in the range of USD 520 – 535 PMT in the month of January 2017 & in February 2017, prices have hike up and reported in the range of USD 570 – 585 PMT. In March 2017, prices firmed up and reported in the range of USD 570 – 685 PMT. while in April, Prices in the range of USD 610 – 625 PMT. Prices have slightly gone down & reported in the range of USD 600 – 615 PMT in May & prices remains unchanged in June 2017. While further prices hiked up & prices reported at USD 600 – 615 PMT in July. In August 2016, prices firmed up and reported in the range of USD 610 – 625 PMT in September. In October 2017, prices firmed up and reported in the range of USD 635 – 650 PMT. while in November, Prices in the range of USD 670 – 685 PMT & USD 670 – 685 in December 2017. In current month i.e. January 2018, price of the product have increase by USD 20 PMT (3%) as compared to last month & reported in the range of USD 695 – 705 PMT. Since January 2017, prices have firmed up by USD 170 PMT (32%) in January 2018.