Taiwan’s base oils exports to India and southeast Asia rose to a six-month high in September, contrasting with a sharp fall in shipments to China.Total exports of more than 24,500t to southeast Asia and India combined rose from close to 16,000t the previous month, government data showed.The rise in shipments lifted total exports to 164,400t in the first nine months of the year, up from less than 160,000t during the same period last year and from 81,000t during the same period in 2021.The sustained rise in shipments reflected moves to tap firmer growth in those markets and to diversify supplies away from China.Exports of 12,200t to southeast Asian markets like Singapore and Indonesia in September were the highest in three months.Shipments of more than 12,300t to India in September were the highest in six months.The pick-up in shipments enabled buyers to build stocks ahead of plant maintenance in Taiwan starting in October..Taiwan’s Sept base oil exports hold firm
Taiwan’s base oils exports to India and southeast Asia rose to a six-month high in September, contrasting with a sharp fall in shipments to China.Total exports of more than 24,500t to southeast Asia and India combined rose from close to 16,000t the previous month, government data showed.The rise in shipments lifted total exports to 164,400t in the first nine months of the year, up from less than 160,000t during the same period last year and from 81,000t during the same period in 2021.The sustained rise in shipments reflected moves to tap firmer growth in those markets and to diversify supplies away from China.Exports of 12,200t to southeast Asian markets like Singapore and Indonesia in September were the highest in three months.Shipments of more than 12,300t to India in September were the highest in six months.The pick-up in shipments enabled buyers to build stocks ahead of plant maintenance in Taiwan starting in October..Taiwan’s Sept base oil exports hold firm
