SOPUS Announces Lubricant Price Increase
Today, SOPUS advised its marketers that it will implement an increase on the list prices for finished lubricants by up to 10%. The increase is set to take effect on June 1, 2022.
This adjustment is the third by SOPUS in 2022. The first took effect on March 1, and increased prices by up to 15%. The second had an effective date of April 15th and increased prices by up to 25%.
Click here for a summary of all lubricant price increases reported by JobbersWorld in 2022.