Japan’s base oils exports stayed lower than usual in August as plant maintenance and closures cut the country’s surplus supply.Base oils exports of 66,400 kilolitres (59,000t) in August rose from a nineteen-month low of 59,400kl in July, government data showed. The August volume was the second lowest in nine months.Exports fell by 17pc in August and for an eighth month from year-earlier levels, cutting total shipments to 569,100kl in the first eight months of the year.The volume was down more than 20pc from 717,600kl during the same period last year.Exports fell at a slower pace to Singapore and South Korea.They fell more steeply to smaller outlets like Thailand and Hong-Kong.Exports of around 15,000kl to Thailand in the first eight months of the year fell from almost 45,000kl during the same period last year..Japan’s August base oils output falls.Thailand’s August base oils output rises
Japan’s base oils exports stayed lower than usual in August as plant maintenance and closures cut the country’s surplus supply.Base oils exports of 66,400 kilolitres (59,000t) in August rose from a nineteen-month low of 59,400kl in July, government data showed. The August volume was the second lowest in nine months.Exports fell by 17pc in August and for an eighth month from year-earlier levels, cutting total shipments to 569,100kl in the first eight months of the year.The volume was down more than 20pc from 717,600kl during the same period last year.Exports fell at a slower pace to Singapore and South Korea.They fell more steeply to smaller outlets like Thailand and Hong-Kong.Exports of around 15,000kl to Thailand in the first eight months of the year fell from almost 45,000kl during the same period last year..Japan’s August base oils output falls.Thailand’s August base oils output rises