Indonesia’s base oils imports fell in June amid a sustained drop in shipments from South Korea.Imports of 41,100t in June fell from more than 51,000t the previous month, government data showed.Imports rose by 2pc and for a second month from year-earlier levels.Imports of 121,770t in the second quarter of the year fell from 130,500t in the first quarter.The slowdown followed a typical seasonal trend.The volume was up 8pc from the second quarter of 2022 and the highest volume for the period in at least five years. The rise in quarterly imports from year-earlier levels was the ninth in a row. .Philippines’ June lube imports fall
Indonesia’s base oils imports fell in June amid a sustained drop in shipments from South Korea.Imports of 41,100t in June fell from more than 51,000t the previous month, government data showed.Imports rose by 2pc and for a second month from year-earlier levels.Imports of 121,770t in the second quarter of the year fell from 130,500t in the first quarter.The slowdown followed a typical seasonal trend.The volume was up 8pc from the second quarter of 2022 and the highest volume for the period in at least five years. The rise in quarterly imports from year-earlier levels was the ninth in a row. .Philippines’ June lube imports fall
