Europe’s base oils exports to markets outside the region rose in June for the first time in four months on the back of a jump in shipments from UK.Exports from continental Europe fell in June for a third month.Total exports rose to around 258,000t in June, government data showed.The volume rose from 220,000t the previous month and by 15pc from year-earlier levels.Excluding the UK, total base oils exports fell by 26pc and for a third month from year-earlier levels.Total exports still fell in the second quarter even with the rise in June shipments.Exports of 718,000t in the three months to end-June fell from more than 900,000t in the first quarter and by 15pc from year-earlier levelsThe volume was the lowest since exports fell to 699,000t in the second quarter of 2020, when pandemic-related restrictions slashed economic and trade activity.Exports were only slightly higher than that volume in 2020, despite the lack of any such restrictions. .UK’s June base oils exports surge
Europe’s base oils exports to markets outside the region rose in June for the first time in four months on the back of a jump in shipments from UK.Exports from continental Europe fell in June for a third month.Total exports rose to around 258,000t in June, government data showed.The volume rose from 220,000t the previous month and by 15pc from year-earlier levels.Excluding the UK, total base oils exports fell by 26pc and for a third month from year-earlier levels.Total exports still fell in the second quarter even with the rise in June shipments.Exports of 718,000t in the three months to end-June fell from more than 900,000t in the first quarter and by 15pc from year-earlier levelsThe volume was the lowest since exports fell to 699,000t in the second quarter of 2020, when pandemic-related restrictions slashed economic and trade activity.Exports were only slightly higher than that volume in 2020, despite the lack of any such restrictions. .UK’s June base oils exports surge
