US base oils exports to Brazil stayed higher than usual in March, when the Latin American country’s domestic base oils output fell to a nine-month low.US exports of 295,960bl (41,680t) to Brazil in March rose from 239,690bl the previous month, government data showed.The volume rose by 87pc from year-earlier levels and boosted total shipments to the country to 847,290bl in the first quarter of the year.Exports rose from 637,280bl during the same three-month period last year, when Brazil was clearing a supply surplus.Its tighter supply this year provided the US market with a valuable outlet to clear some of its own surplus volumes..US’ March base oils exports rise.Contact us for more information about the data for these stories
US base oils exports to Brazil stayed higher than usual in March, when the Latin American country’s domestic base oils output fell to a nine-month low.US exports of 295,960bl (41,680t) to Brazil in March rose from 239,690bl the previous month, government data showed.The volume rose by 87pc from year-earlier levels and boosted total shipments to the country to 847,290bl in the first quarter of the year.Exports rose from 637,280bl during the same three-month period last year, when Brazil was clearing a supply surplus.Its tighter supply this year provided the US market with a valuable outlet to clear some of its own surplus volumes..US’ March base oils exports rise.Contact us for more information about the data for these stories
