Turkey’s Group I base oils imports held firm in September with shipments from Russia rising to a seven-year high.Total Group I imports of 28,400t in September rose from less than 24,000t in August and by 35pc from year-earlier levels.The rise in shipments lifted total imports to 263,000t in the first nine months of the year.The volume rose from 220,000t during the same period last year to the highest since 2015.The rise in Group I shipments coincided with higher imports of premium-grade base oils and a pick-up in domestic base oils production this year.The rise in Group I imports partly reflected a surge in supplies from Russia.Imports of more than 12,000t from Russia in September rose from an already-high 10,300t the previous month to the highest since 2016.Imports of 78,000t from Russia in the first nine months of the year rose from less than 53,000t during the same period last year and from less than 40,000t during the same period in 2021..Europe’s August base oils exports rise.Turkey’s Grp I imports from Russia get more competitive
Turkey’s Group I base oils imports held firm in September with shipments from Russia rising to a seven-year high.Total Group I imports of 28,400t in September rose from less than 24,000t in August and by 35pc from year-earlier levels.The rise in shipments lifted total imports to 263,000t in the first nine months of the year.The volume rose from 220,000t during the same period last year to the highest since 2015.The rise in Group I shipments coincided with higher imports of premium-grade base oils and a pick-up in domestic base oils production this year.The rise in Group I imports partly reflected a surge in supplies from Russia.Imports of more than 12,000t from Russia in September rose from an already-high 10,300t the previous month to the highest since 2016.Imports of 78,000t from Russia in the first nine months of the year rose from less than 53,000t during the same period last year and from less than 40,000t during the same period in 2021..Europe’s August base oils exports rise.Turkey’s Grp I imports from Russia get more competitive
