Base oils exports from Asia to India rose to a five-month high in September amid signs of a more sustained pick-up in shipments to the country.Higher flows contrasted with a fall in Asia’s exports to China in September.Exports of close to 120,000t from suppliers in Asia rose from 110,000t the previous month and from less than 60,000t in July, government data showed.Exports to India had also been lower than usual in May and in June.The recovery in shipments to India in August and September coincided with a slowdown in the arrival of arbitrage supplies from the US. That slowdown likely extended into October.The rise in Asia-Pacific shipments to India in September contrasted with a drop in exports to China.Exports of more than 80,000t from Asia to China in September fell from more than 120,000t the previous month. The September volume was the second-lowest in fourteen months.Supplies from Asia typically account for at least 60pc of India’s monthly base oils imports.Supplies from Asia usually account for more than 80pc of China’s monthly base oil imports..India’s September base oils imports rise
