China’s base oils exports rose to a three-month high in June on the back of a rebound in shipments to Singapore and jump in flows to Latin America.The number of outlets for the supplies was also unusually high.China's total base oils exports of 16,040t in June rose from 8,710t the previous month, government data showed.Exports of 37,560t in the second quarter of the year were down slightly from 38,530t during the first three months of the year and from 38,220t during the same period last year.The higher-than-usual exports added to signs of China’s sufficient domestic base oils supply and its weaker-than-expected recovery in lube demand so far this year.Exports to Singapore rose in June to a six-month high of almost 7,400t.Exports to Latin American outlets like Panama and Ecuador rose to a multi-year high of close to 1,000t..China’s June base oils imports stay low
China’s base oils exports rose to a three-month high in June on the back of a rebound in shipments to Singapore and jump in flows to Latin America.The number of outlets for the supplies was also unusually high.China's total base oils exports of 16,040t in June rose from 8,710t the previous month, government data showed.Exports of 37,560t in the second quarter of the year were down slightly from 38,530t during the first three months of the year and from 38,220t during the same period last year.The higher-than-usual exports added to signs of China’s sufficient domestic base oils supply and its weaker-than-expected recovery in lube demand so far this year.Exports to Singapore rose in June to a six-month high of almost 7,400t.Exports to Latin American outlets like Panama and Ecuador rose to a multi-year high of close to 1,000t..China’s June base oils imports stay low
