Exports of premium-grade base oils from the Spanish port of Cartagena fell in October from the previous month amid a pause in flows to outlets like India.Total exports of close to 40,000t in October fell from more than 60,000t the previous month, port data showed.The drop in shipments extended a trend in recent months of unusually high exports one month followed by a sharp fall in shipments the following month.Monthly shipment volumes mostly held in a narrower range in 2022.Even with the increased volatility, average shipments of more than 50,000 t/month so far in second-half 2023 were up from less than 45,000 t/month in 2022.The flow of supplies to northwest Europe held steady in October even as total export volumes fell.There was instead a pause in shipments to India for just the second time in the past year..Spain’s Aug base oils supply falls
Exports of premium-grade base oils from the Spanish port of Cartagena fell in October from the previous month amid a pause in flows to outlets like India.Total exports of close to 40,000t in October fell from more than 60,000t the previous month, port data showed.The drop in shipments extended a trend in recent months of unusually high exports one month followed by a sharp fall in shipments the following month.Monthly shipment volumes mostly held in a narrower range in 2022.Even with the increased volatility, average shipments of more than 50,000 t/month so far in second-half 2023 were up from less than 45,000 t/month in 2022.The flow of supplies to northwest Europe held steady in October even as total export volumes fell.There was instead a pause in shipments to India for just the second time in the past year..Spain’s Aug base oils supply falls
