The Netherlands took delivery of an unusually large volume of base oils from Turkey in April, reversing the more typical trade flows between the two countries.The Netherlands took delivery of some 40,000t of base oils from Turkey in April, Eurostat data showed.Turkey’s official export statistics showed a similar volume of base oils leaving the country in March bound for the Netherlands.The record-high volume contrasts with the Netherlands’ typical import volume of less than 20 t/month from Turkey.Typical base oils trade flows in Europe have changed over the past year following the EU’s ban on imports of base oils of Russian origin.The ban cut surplus supply of Group I base oils from Europe to markets outside the region.The ban also forced suppliers of Russian base oils to seek other markets instead. Turkey is one such market. Its imports from Russia surged over the past year.Its domestic base oils production came to less than 13,000t in the first quarter of the year..Turkey's April Grp I base oil imports fall.Contact us for more information about the data for these stories
The Netherlands took delivery of an unusually large volume of base oils from Turkey in April, reversing the more typical trade flows between the two countries.The Netherlands took delivery of some 40,000t of base oils from Turkey in April, Eurostat data showed.Turkey’s official export statistics showed a similar volume of base oils leaving the country in March bound for the Netherlands.The record-high volume contrasts with the Netherlands’ typical import volume of less than 20 t/month from Turkey.Typical base oils trade flows in Europe have changed over the past year following the EU’s ban on imports of base oils of Russian origin.The ban cut surplus supply of Group I base oils from Europe to markets outside the region.The ban also forced suppliers of Russian base oils to seek other markets instead. Turkey is one such market. Its imports from Russia surged over the past year.Its domestic base oils production came to less than 13,000t in the first quarter of the year..Turkey's April Grp I base oil imports fall.Contact us for more information about the data for these stories
