Shell is the Third Major to Move in Round 2
Shell Lubricants (SOPUS) announced a price increase of up to 10% on its finished lubricants effective May 7, 2018. SOPUS attributes the increase to the rising costs of raw materials used in the production and delivery of its products.
Round 2 Lubricant Price Increase Summary
|Company||Announced Date||Effective Date||Increase|
|Sinclair Lubricants||2/12/2018||3/1/2018||up to 5%|
|CAM2||3/1/2018||3/24/2018||4 to 10%|
|Smitty’s Supply||3/1/2018||3/24/2018||4 to 10%|
|Pinnacle Oil||3/2/2018||3/19/2018||5 to 10%|
|Allegheny Petroleum||3/5/2018||3/24/2018||4 to 8%|
|Advanced Lubrication Specialities (ALS)||3/29/2018||6 to 9%|
|Sunoco||3/29/2018||6 to 9%|
|Chemlube||3/7/2018||3/26/2018||5 to 8%|
|Reliance Fluid Technologies (RFT)||3/7/2018||4/9/2018||4 to 9%|
|Sunbelt Lubricants||3/8/2018||3/21/2018||6 to 8%|
|PennStar||3/9/2018||3/19/2018||6 to 10%|
|Martin Lubricants||3/12/2018||4/16/2018||4 to 10%|
|Warren Distribution||3/12/2018||4/9/2018||5 to 8%|
|Maverick Performance Products||3/7/2018||3/26/2018||5 to 8%|
|Royal Mfg||3/13/2018||4/2/2018||3 to 8%|
|Omni Specialty Packaging||4/23/2018||5 to 8%|
|ExxonMobil||3/22/2018||4/23/2018||up to 10%|
|Chevron||3/28/2018||5/7/2018||up to 10%|
|Nu-Tier||3/28/2018||4/16/2018||6 to 8%|
|Total||3/29/2018||4/30/2018||3 to 5%|
|Shell||4/4/2018||5/7/2018||up to 10%|
JobbersWorld Announces Lubricant Pricing Reports
A must have report for manufacturers, marketers, buyers and others looking to understand price drivers and communicate the reasons for price increases to customers.
THE REPORTS provide insights and information on finished lubricant prices and an in-depth analysis of the cost drivers responsible for the changes in lubricant costs and prices in the US market.
The Finished Lubricant Pricing Reports provide lubricant manufacturers and marketers with an independent source of information and insights on price changes at the manufacturer and retail levels and the key drivers behind the changes. In addition to the influence of crude and base oil, the reports analyze the impact of changes in the cost of lubricant additives, transportation, packaging, labor, and others.