Turkey’s Group I base oils exports rose in August, adding to signs of a pick-up in shipments to overseas markets since mid-year.Group I base oils exports of close to 3,000t in August followed a pause in shipments the previous month and exports of around 4,000t in June, government data showed.Before June, there had been no Group I export cargoes since end-2021.Most of the August-loading supplies were bound for Nigeria.The cargo reached Nigeria in late-September.The size of the shipment that discharged in Nigeria was around 15,000t.The reason for the disparity between the export volume and the discharge volume was unclear.Turkey’s pick-up in Group I exports since June also coincided with an unusual surge in exports of premium-grade base oils, including to Nigeria.Turkey has no virgin premium-grade base oils production capacity..Turkey’s Aug Grp I base oils imports fall
Turkey’s Group I base oils exports rose in August, adding to signs of a pick-up in shipments to overseas markets since mid-year.Group I base oils exports of close to 3,000t in August followed a pause in shipments the previous month and exports of around 4,000t in June, government data showed.Before June, there had been no Group I export cargoes since end-2021.Most of the August-loading supplies were bound for Nigeria.The cargo reached Nigeria in late-September.The size of the shipment that discharged in Nigeria was around 15,000t.The reason for the disparity between the export volume and the discharge volume was unclear.Turkey’s pick-up in Group I exports since June also coincided with an unusual surge in exports of premium-grade base oils, including to Nigeria.Turkey has no virgin premium-grade base oils production capacity..Turkey’s Aug Grp I base oils imports fall
