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The Third Annual Meeting of China Lubricants Association Held in Shi Jiazhuang

Recently, the third annual meeting of China Lubricants Association has held in Shi Jiazhuang, Hebei province. It was revealed in the meeting that the domestic lubricants market has gradually expanded, meanwhile the lubricant products have showed the development trend of gentrification. Besides, almost 80% of the profits come from the high-end market, and the proportion of the domestic own brands & foreign brands of lubricants in the high-end market has changed into 4:6 from the original 2:8.

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