Recycled base oil is mainly the product after reprocessing of waste lubricating oil. With the improvement of domestic environmental protection awareness, recycled base oil has gradually emerged as a policy encouragement industry. However, due to performance limitations, the base oil regenerated through waste oil can only reach The first-class base oil standard cannot fully meet the end demand, so the overall market demand is limited.

　　 At the same time, affected by factors such as unstable stocking of raw materials and long cycles, the start-up of the recycled base oil refinery is relatively unstable, and the supply of high-viscosity products is limited.

Since the second quarter, the demand for recycled base oil has gradually weakened. After May, the market has entered a traditional off-season for consumption. However, supported by factors such as the upward fluctuation of crude oil and the upward price adjustment of raw material waste engine oil, the price of recycled base oil has continued to support, and the price has not The price of gasoline and diesel has risen significantly due to the news about the taxation of some oil blending materials, which has formed a strong support for the low-viscosity base oil market. With many positive benefits, the renewable base oil market has continued to increase enthusiasm to follow the rise.