US base oils exports to Latin America rose in September to the second-highest level in six years amid a rebound in shipments to Brazil.Total exports of 637,600bl (89,000t) to Latin America, excluding Mexico, rose from 355,400bl the previous month, government data showed.Exports rose for the fifth time in six months from year-earlier levels to the second highest since mid-2017. The highest volume since then was in July.The sustained rise in shipments lifted total base oil exports to Latin America to 4.63mn bl in the first nine months of the year.The volume rose from 4.51mn bl during the same period last year to the highest in at least eight years.Exports rose in September on the back of a rebound in shipments to Brazil especially.Exports of more than 336,000bl to Brazil in September lifted total shipments to the country close to 917,000bl in the third quarter.The volume rose more than 20pc from 757,000bl during the previous three months.The surge in shipments coincided with and helped to cover for a heavy round of plant maintenance work in Brazil in the second half of the year..US’ Sept base oils exports rise.US’ Sept exports to Mexico stay high
US base oils exports to Latin America rose in September to the second-highest level in six years amid a rebound in shipments to Brazil.Total exports of 637,600bl (89,000t) to Latin America, excluding Mexico, rose from 355,400bl the previous month, government data showed.Exports rose for the fifth time in six months from year-earlier levels to the second highest since mid-2017. The highest volume since then was in July.The sustained rise in shipments lifted total base oil exports to Latin America to 4.63mn bl in the first nine months of the year.The volume rose from 4.51mn bl during the same period last year to the highest in at least eight years.Exports rose in September on the back of a rebound in shipments to Brazil especially.Exports of more than 336,000bl to Brazil in September lifted total shipments to the country close to 917,000bl in the third quarter.The volume rose more than 20pc from 757,000bl during the previous three months.The surge in shipments coincided with and helped to cover for a heavy round of plant maintenance work in Brazil in the second half of the year..US’ Sept base oils exports rise.US’ Sept exports to Mexico stay high