Base oils supply in the Asia-Pacific region recovered to a five-month high in August mostly because of a pick-up in output in South Korea.Total base oils supply of more than 965,000t in August rose from less than 870,000t the previous month, government and industry data showed.Supply rose from year-earlier levels for the first time in five months.The pick-up in output lifted total supply to more than 7.50mn t in the first eight months the year. The volume was almost the same as year-earlier levels.Supply rose mostly because of a rebound in South Korea’s base oils output following the completion of plant maintenance work in the country in July.The higher output countered a slowdown in base oils production in other markets like Japan and India.Including China, Asia’s total supply of more than 1.32mn t in August rose by more than 100,000t from the previous month..S Korea’s August base oils output rises.Japan’s August base oils output falls
