South Africa’s base oils imports rose to a four-month high in March even as persistent power shortages curbed economic activity.Base oils imports of 36,300 kilolitres (32,160t) in March rose from 25,560kl the previous month, government data showed.Imports of 75,720kl in the first quarter of the year rose from 61,470kl during the same period a year earlier.Supplies rose at a time when global refiners sought to clear surplus supplies from their regional markets.Imports of 18,790kl from the Netherlands and UK combined were steady from February, when shipments rose to an eight-month high.Imports of more than 7,000kl from the US in March were the highest in four months. .S. Africa’s Feb base oils imports rise.Contact us for more information about the data for these stories
South Africa’s base oils imports rose to a four-month high in March even as persistent power shortages curbed economic activity.Base oils imports of 36,300 kilolitres (32,160t) in March rose from 25,560kl the previous month, government data showed.Imports of 75,720kl in the first quarter of the year rose from 61,470kl during the same period a year earlier.Supplies rose at a time when global refiners sought to clear surplus supplies from their regional markets.Imports of 18,790kl from the Netherlands and UK combined were steady from February, when shipments rose to an eight-month high.Imports of more than 7,000kl from the US in March were the highest in four months. .S. Africa’s Feb base oils imports rise.Contact us for more information about the data for these stories
