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2021 Lube Price Increases Announced

Discussion in 'Lubrication' started by Coaldust, Jan 20, 2021.

  1. Coaldust

    Coaldust Senior Member

    Joined:
    May 10, 2011
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    752
    Occupation:
    Cargo Tanks
    Location:
    Wasilla and parts unknown
    8A96FF18-3D8B-44A3-B5B8-EDA8403837E0.png Looks like most of the lube suppliers are announcing a 10-12% price increase for all lubricating oils and greases. My supplier sent an announcement today that stated this; “These pricing adjustments are attributable to continuous rising costs of base oils, additives, packaging, and transportation”.

    Now is a good time to top off your bulk tanks before the new prices.

    I attached a spreadsheet with the majors and their price adjustments.
     
    Cat977 and DB2 like this.
  2. lantraxco

    lantraxco Senior Member

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    Elsewhen
    We're not burning near as much fuel, gas, diesel, Jet A, asphalt, bunker C, all of it. They literally have to raise prices because they're not selling enough, rather than there being too much demand. Flucked again.
     
  3. d9gdon

    d9gdon Senior Member

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    Location:
    central texas
    My supplier likes to send me those notices after they raised the damn price last week.
     
    Coaldust likes this.
  4. Coaldust

    Coaldust Senior Member

    Joined:
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    Occupation:
    Cargo Tanks
    Location:
    Wasilla and parts unknown
    I don’t think it’s worth a separate thread yet, So I’ll bump this one.

    Motiva just announced a Force Majeur and has closed their lube oil base stock operations, methanol and glycol because of the cold weather in Texas. What this does to the lube oil biz is yet to be seen.

    I haven’t seen any thing from Chevron, XOM or P66.
     

    Attached Files:

  5. 92U 3406

    92U 3406 Senior Member

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    Yet oil prices are still in the ####ter. Figure that one out.
     
  6. Coaldust

    Coaldust Senior Member

    Joined:
    May 10, 2011
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    Occupation:
    Cargo Tanks
    Location:
    Wasilla and parts unknown
    Bump for quarter two. I heard today lubricant manufacturers have announced another 2021 general price increase of 10-15% for April. Attributed to the weather shutdown and force majeure.