Indonesia’s Group I base oils exports stayed low in April as weak Chinese demand cut the attraction of moving more supplies to the overseas market.More shipments moved instead to a growing number of outlets in Latin America.Total exports of 2,430t in April rose from 2,070t in March to a three-month high, government data showed.The rise in shipments was relative.Total exports of 12,060t in the first four months of the year contrasted with shipments of more than 33,300t during the same period last year.Almost 7,000t of that volume last year moved to China, and more than 10,000t to Singapore.Less than 100t moved to China in the first four months of this year, and less than 100t to Singapore..Indonesia’s April Group III base oils exports rise.Contact us for more information about the data for these stories
Indonesia’s Group I base oils exports stayed low in April as weak Chinese demand cut the attraction of moving more supplies to the overseas market.More shipments moved instead to a growing number of outlets in Latin America.Total exports of 2,430t in April rose from 2,070t in March to a three-month high, government data showed.The rise in shipments was relative.Total exports of 12,060t in the first four months of the year contrasted with shipments of more than 33,300t during the same period last year.Almost 7,000t of that volume last year moved to China, and more than 10,000t to Singapore.Less than 100t moved to China in the first four months of this year, and less than 100t to Singapore..Indonesia’s April Group III base oils exports rise.Contact us for more information about the data for these stories