Taiwan’s base oils exports to southeast Asia rebounded to a four-month high in May as a slowdown in shipments to China freed up more supplies for other markets.Exports of 12,790t to southeast Asia more than doubled from less than 6,000t the previous month, government data showed.Including India, total shipments to both markets came to more than 22,450t in May and to 94,840t in the first five months of the year.The volume was up 25pc from around 76,000t during the same five-month period last year.Exports to both regions outpaced year-earlier levels even as the end of China’s zero-Covid restrictions triggered a recovery in economic activity.The rise in shipments to India and southeast Asia highlighted the relative weakness of that recovery..Taiwan's May exports to China fall.Contact us for more information about the data for these stories
Taiwan’s base oils exports to southeast Asia rebounded to a four-month high in May as a slowdown in shipments to China freed up more supplies for other markets.Exports of 12,790t to southeast Asia more than doubled from less than 6,000t the previous month, government data showed.Including India, total shipments to both markets came to more than 22,450t in May and to 94,840t in the first five months of the year.The volume was up 25pc from around 76,000t during the same five-month period last year.Exports to both regions outpaced year-earlier levels even as the end of China’s zero-Covid restrictions triggered a recovery in economic activity.The rise in shipments to India and southeast Asia highlighted the relative weakness of that recovery..Taiwan's May exports to China fall.Contact us for more information about the data for these stories
