Pakistan’s base oils imports fell to a four-month low in June in the face of sliding domestic lubricants demand.Imports of around 14,000t in June fell from more than 28,000t in May, provisional customs data showed.Imports fell by 60pc from year-earlier levels and from typical volumes of around 20,000 t/month over the past year.The slowdown cut total shipments to little more than 110,000t in first-half 2023, down more than 30pc from almost 170,000t during the same period a year earlier.South Korea remained Pakistan’s largest supplier, with shipments from the country falling by a smaller 7pc in the first half of the year.Shipments fell more sharply from Singapore and especially from Saudi Arabia..Pakistan’s June lube demand falls
Pakistan’s base oils imports fell to a four-month low in June in the face of sliding domestic lubricants demand.Imports of around 14,000t in June fell from more than 28,000t in May, provisional customs data showed.Imports fell by 60pc from year-earlier levels and from typical volumes of around 20,000 t/month over the past year.The slowdown cut total shipments to little more than 110,000t in first-half 2023, down more than 30pc from almost 170,000t during the same period a year earlier.South Korea remained Pakistan’s largest supplier, with shipments from the country falling by a smaller 7pc in the first half of the year.Shipments fell more sharply from Singapore and especially from Saudi Arabia..Pakistan’s June lube demand falls
