Indonesia’s Group III base oils exports stayed unusually low in June even as they edged up from the previous month.Exports of 18,770t in June improved from 14,000t the previous month, government data showed.The volume fell by 41pc and for a twelfth straight month from year-earlier levels.The slump in shipments cut total exports to 91,460t in the first half of the year, down 39pc from 149,950t during the same period last year.The fall in exports slashed shipments to South Korea especially. A share of the supplies bound for that market typically move on to the US.Exports to Europe fell less sharply.Shipments to the Netherlands came to 9,100t in June and to 41,600t in the first half of the year. The volume was down 27pc from 56,870t during the same period last year..Singapore’s June base oils exports rise
Indonesia’s Group III base oils exports stayed unusually low in June even as they edged up from the previous month.Exports of 18,770t in June improved from 14,000t the previous month, government data showed.The volume fell by 41pc and for a twelfth straight month from year-earlier levels.The slump in shipments cut total exports to 91,460t in the first half of the year, down 39pc from 149,950t during the same period last year.The fall in exports slashed shipments to South Korea especially. A share of the supplies bound for that market typically move on to the US.Exports to Europe fell less sharply.Shipments to the Netherlands came to 9,100t in June and to 41,600t in the first half of the year. The volume was down 27pc from 56,870t during the same period last year..Singapore’s June base oils exports rise
