Japan’s base oils exports held steady at lower levels in April, compounding a slowdown in domestic demand.Base oils exports of 76,220 kilolitres (67,520t) in April fell from 78,510kl the previous month, government data showed.The volume held in a 74,000-78,500kl range in four of the past five months.Exports of 301,300kl in the first four months of the year fell from 348,000kl during the same period last year.Exports fell even as Japan’s domestic base oils production rose and sales edged up during the same four-month period.The disparity could reflect refiners’ moves to build stocks ahead of plant maintenance work starting in the second quarter of the year.Most of the exports continued to move to southeast Asia..Japan’s April base oils output falls.Contact us for more information about the data for these stories
Japan’s base oils exports held steady at lower levels in April, compounding a slowdown in domestic demand.Base oils exports of 76,220 kilolitres (67,520t) in April fell from 78,510kl the previous month, government data showed.The volume held in a 74,000-78,500kl range in four of the past five months.Exports of 301,300kl in the first four months of the year fell from 348,000kl during the same period last year.Exports fell even as Japan’s domestic base oils production rose and sales edged up during the same four-month period.The disparity could reflect refiners’ moves to build stocks ahead of plant maintenance work starting in the second quarter of the year.Most of the exports continued to move to southeast Asia..Japan’s April base oils output falls.Contact us for more information about the data for these stories
