US base oils exports to Brazil fell to a four-month low in August following a surge in shipments during the previous three months.Total exports of 238,100bl (33,500t) to Brazil in August fell from more than 342,000bl the previous month, government data showed.The July volume was the highest in a year.Exports still rose by 20pc and for the third time in four months from year-earlier levels.The rise in shipments lifted total exports to Brazil to 2.18mn bl in the first eight months of the year, up 17pc from 1.87mn bl during the same period last year. The rise in US’ exports to Brazil in the three months to July already helped to boost the Latin American country’s base oils supplies ahead of planned plant maintenance work in the second half of the year.Exports fell in August mostly because of a dip in supplies from the district of Houston-Galveston in Texas to the lowest level since April..US’ August base oils exports fall
