Brazil’s base oils imports rose to a ten-month high in August, boosting supply ahead of maintenance work at several base oils units during the second half of the year.Base oils imports of 99,600mᶟ (88,200t) in August rose from more than 80,000mᶟ in each of the previous two months, government data showed.The import volumes were up from typical levels of around 71,000 mᶟ/month in the year to May.The rise in imports helped to cover for a drop in domestic base oils output during scheduled plant maintenance work starting in August and extending into the fourth quarter of the year.Unusually strong lube consumption in Brazil so far this year added to requirements for sufficient supplies to meet demand.Brazil’s strong base oils demand during the third quarter provided a valuable outlet for US refiners at a time when demand in their domestic market faced a seasonal slowdown..US’ July base oils exports to Brazil rise
Brazil’s base oils imports rose to a ten-month high in August, boosting supply ahead of maintenance work at several base oils units during the second half of the year.Base oils imports of 99,600mᶟ (88,200t) in August rose from more than 80,000mᶟ in each of the previous two months, government data showed.The import volumes were up from typical levels of around 71,000 mᶟ/month in the year to May.The rise in imports helped to cover for a drop in domestic base oils output during scheduled plant maintenance work starting in August and extending into the fourth quarter of the year.Unusually strong lube consumption in Brazil so far this year added to requirements for sufficient supplies to meet demand.Brazil’s strong base oils demand during the third quarter provided a valuable outlet for US refiners at a time when demand in their domestic market faced a seasonal slowdown..US’ July base oils exports to Brazil rise
