South Korea’s base oils exports to southeast Asia rose to a three-month high in May even as the country’s total shipment volume fell.Exports of 77,170t to the region in May rose from 67,950t the previous month, government data showed.The rise in exports from April contrasted with a drop in South Korea’s base oils shipments to China, where demand for overseas supplies showed signs of weakening.The rise in shipments coincided with and helped to cover for plant maintenance work in Singapore during the second quarter of the year.The May volume still fell for a third month from year-earlier levels and was down from more than 84,000 t/month in the first quarter of the year..S Korea’s May base oils exports fall.Contact us for more information about the data for these stories
South Korea’s base oils exports to southeast Asia rose to a three-month high in May even as the country’s total shipment volume fell.Exports of 77,170t to the region in May rose from 67,950t the previous month, government data showed.The rise in exports from April contrasted with a drop in South Korea’s base oils shipments to China, where demand for overseas supplies showed signs of weakening.The rise in shipments coincided with and helped to cover for plant maintenance work in Singapore during the second quarter of the year.The May volume still fell for a third month from year-earlier levels and was down from more than 84,000 t/month in the first quarter of the year..S Korea’s May base oils exports fall.Contact us for more information about the data for these stories
