South Korea exported another large shipment of base oils to Egypt in March amid signs of more frequent flows to the North African country.Base oils exports of 4,860t to Egypt in March were only the third such cargo shipment to the country from South Korea.The first was a 10,310t cargo last October and the second a 4,550t shipment in January.Before these shipments, South Korea’s base oils exports to Egypt had been small and sporadic.More regular flows from South Korea highlighted the region’s persistent surplus and increased competition for other suppliers to Egypt, such as Europe..S Korea’s March base oils exports to Nigeria surge
