South Korea’s base oils exports to Europe slowed in March ahead of a round of plant maintenance in the region in the second quarter of the year.Base oils exports of 10,210t to Belgium and Netherlands combined fell in March from a sixteen-month high of more than 26,000t in February, government data showed.Exports of 37,000t to the two countries in the first three months of the year fell from almost 51,000t during the final three months of last year.The drop in shipments coincided with a slowdown in exports from Indonesia to Europe late last year and early this year.South Korea and Indonesia are key sources of Group III and Group III+ base oils..S Korea’s March base oils exports fall
