The Netherlands’ base oils supply rose to an eight-month high in March on the back of higher domestic production and a surge in imports.Base oils and lube output of 84,000t in March rose from 72,000t the previous month, government data showed.Output of 246,000t in the first three months of the year fell from 267,000t during the final quarter of last year.Output fell even as demand rose. But imports rose even more.Total imports of 241,000t in March rose from 192,000t the previous month to the highest since last July. The shipments included an unusually large volume of premium-grade base oils from Mideast Gulf, Indonesia and Canada..Europe’s March Group III supply rises.Contact us for more information about the data for these stories
The Netherlands’ base oils supply rose to an eight-month high in March on the back of higher domestic production and a surge in imports.Base oils and lube output of 84,000t in March rose from 72,000t the previous month, government data showed.Output of 246,000t in the first three months of the year fell from 267,000t during the final quarter of last year.Output fell even as demand rose. But imports rose even more.Total imports of 241,000t in March rose from 192,000t the previous month to the highest since last July. The shipments included an unusually large volume of premium-grade base oils from Mideast Gulf, Indonesia and Canada..Europe’s March Group III supply rises.Contact us for more information about the data for these stories