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摘要

International trading of lubricant base stocks plays an important role in the dynamics of the North American market. While the absolute volume of base stock imports and exports is small, there are specific qualities and markets where international trade has made a profound impact. Imports and exports represent only 5 percent of total U.S. base stock production and have little impact on the markets for API Group Ⅰ and naphthenic base stocks. Other products however — like Group Ⅱ and Ⅲ — are significantly affected. Imports from Korea now dominate the U.S. market for Group Ⅲ base stocks, and have enabled U.S. refiners to minimize their domestic production of this grade. For Group Ⅱ stocks, international trade has proven to be an important component, with imports addressing market shortages in 2003 and exports balancing surplus volumes since spring 2004.
机译:润滑油基础油的国际贸易在北美市场的动态中起着重要作用。虽然基本库存进出口的绝对数量很小,但在特定质量和市场上,国际贸易产生了深远影响。进出口仅占美国基础油总产量的5%,对API组Ⅰ和环烷基基础油的市场影响不大。但是,其他产品(例如Ⅱ和Ⅲ组)则受到严重影响。现在,从韩国进口的产品在Ⅲ类基础油的美国市场上占主导地位,并使美国的炼油厂将其国内该等级产品的产量降至最低。对于第二类库存,国际贸易已被证明是重要的组成部分,2003年进口解决了市场短缺问题,而自2004年春季以来出口平衡了顺差量。

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