Latest Automotive Oil and Lubricant Prices: Essential Information for Distributors to Ensure Profitable Operations

When conducting business in products such as gasoline, lubricants, and automotive fuel accessories, you need to have a clear understanding of the import and retail prices in the market to avoid losses. However, not only new dealers but also long-established ones still encounter unfortunate mistakes.

So, where should businesses refer to for the most accurate car lubricant prices? What should business owners pay attention to in order to avoid unprofitable operations? Let’s explore this topic with Huỳnh Châu in the article below.

Related Articles:

• Overview of the Vietnamese lubricant market until mid-2022
• Assessing market potential for automotive lubricant dealers in Hanoi
• Summary of 4 types of gear oil that car owners need to pay attention to

Common car lubricant prices today

1. What factors influence lubricant prices?

The price of lubricants is one of the criteria that many people consider before purchasing or taking a vehicle for maintenance. Below are three main reasons why car lubricant prices have been fluctuating recently.

Firstly, macroeconomic influences: Lubricants are primarily made from crude oil. Therefore, an increase in global crude oil prices leads to an increase in product costs. In terms of crude oil, this commodity is influenced by factors such as OPEC (Organization of the Petroleum Exporting Countries), global supply and demand, political instability, natural disasters, and production costs.

The price of car lubricants is affected by various factors

Thus, when crude oil is affected by one or more of the aforementioned factors, the price of car lubricants will also inevitably be impacted to a certain extent.

Secondly, distributors: Each distributor in the area has different selling prices. The price at a dealership depends on criteria such as: the supplying and transportation units, the geographic location of the unit, the time of stock intake, and various additional fees. As a result, prices from different units often vary by a few thousand to tens of thousands of VND.

Thirdly, different types of lubricants have varying prices: Currently, there are many types of lubricants in the market with different qualities and origins, notably from brands like Castrol, Petrolimex, Motul, Repsol, etc. Each product has its own advantages and disadvantages, offering different benefits to users. Premium products tend to have higher prices, while mid-range options will be more cost-effective.

2. The most accurate car lubricant price list for 2022

To become a distributor for fuel products, you need to know the detailed car lubricant pricing list from Huỳnh Châu to make appropriate choices for yourself: