More Prices Increases
As reported in the August 20 issue of JobbersWorld, Shell Oil Products US (SOPUS) advised its marketers of a general price increase on lubricants of up to 4%. The increase is effective September 23, 2013. This increase translates to roughly $0.24 a gallon more for bulk lubricants and $0.40 a gallon for packaged lubricants.
Well you can now add a few others to the list.
Chevron announced a general price increase on lubricants of 3 to 6%. The increase is effective October 9, 2013.
ExxonMobil announced on August 29 that it will increase its branded and unbranded lubricant prices by up to 4% effective October 3, 2013.
Due to the rising material costs and current market conditions, Safety-Kleen announced it will increase prices on blended lubricants by $0.20 a gallon. This increase is effective September 27, 2013.
Smitty’s announced it will increase prices on orders placed on or after September 16, 2013. Its bulk lubricants will increase by $0.20 a gallon, packaged up by $0.25 and grease up $0.03 a pound.
Effective September 15, CAM2 will increase its prices on bulk by $0.20 a gallon, packaged by $0.25 and grease by $0.03 a pound.
Petro-Canada advised its marketers of a 3% across the board price increase effective September 27, 2013.
Advanced Lubrication Specialties (ALS) also announced a price increase. Effective September 23, its bulk and packaged lubricant prices will increase by $0.20 a gallon, and grease will be bumped up by $0.03 a pound.