Asia’s base oils exports fell in September amid a dip in shipments from Singapore and China and still-low volumes from South Korea.Total exports of 635,000t in September fell from around 700,000t the previous month, government data showed.Exports fell by 16pc and for the fifth time in six months from year-earlier levels.The slowdown cut total shipments to 1.86mn t in the third quarter of the year.The volume was down more than 270,000t from 2.13mn t during the same period a year earlier. It was the second-lowest since first-half 2020.Asia’s base oils exports typically rise strongly in September from the previous month, partly as refiners move to clear surplus supplies that built up during the third quarter of the year.This year’s exports fell in September from August for the first time since 2018.Exports from northeast Asia fell by around 20,000t in September from the previous month mostly because of a sharp fall in shipments from China.Exports from southeast Asia fell by more than 40,000t in September amid a slide in shipments from Singapore. .Singapore’s Sept base oils exports fall.China’s Sept base oils exports fall.S Korea’s Sept base oils exports rise.Taiwan’s Sept base oil exports hold firm
Asia’s base oils exports fell in September amid a dip in shipments from Singapore and China and still-low volumes from South Korea.Total exports of 635,000t in September fell from around 700,000t the previous month, government data showed.Exports fell by 16pc and for the fifth time in six months from year-earlier levels.The slowdown cut total shipments to 1.86mn t in the third quarter of the year.The volume was down more than 270,000t from 2.13mn t during the same period a year earlier. It was the second-lowest since first-half 2020.Asia’s base oils exports typically rise strongly in September from the previous month, partly as refiners move to clear surplus supplies that built up during the third quarter of the year.This year’s exports fell in September from August for the first time since 2018.Exports from northeast Asia fell by around 20,000t in September from the previous month mostly because of a sharp fall in shipments from China.Exports from southeast Asia fell by more than 40,000t in September amid a slide in shipments from Singapore. .Singapore’s Sept base oils exports fall.China’s Sept base oils exports fall.S Korea’s Sept base oils exports rise.Taiwan’s Sept base oil exports hold firm