Pakistan’s base oils imports fell in August mostly as a drop in shipments from South Korea outweighed a recovery in supplies from Singapore.The pace of the fall in shipments since May remained slower than during the first four months of the year.Base oils imports of less than 16,000t in August fell from close to 19,000t the previous month, provisional customs data showed.Imports of 77,000t in the four months to end-August were down 11pc from more than 86,000t during the same period last year.Imports fell by a steeper 40pc during the first four months of the year.South Korea remained Pakistan’s largest supplier in August even as shipments fell to less than 8,500t, from more than 13,500t in July.Imports from South Korea still rose to more than 91,200t in the first eight months of the year, from 88,000t during the same period last year.Imports from Singapore recovered to more than 6,000t in August, following a pause in shipments the previous month.Imports from the island-state fell to around 23,500t in the first eight months of the year, down from almost 76,000t during the same period last year..Pakistan’s August lube demand rises
Pakistan’s base oils imports fell in August mostly as a drop in shipments from South Korea outweighed a recovery in supplies from Singapore.The pace of the fall in shipments since May remained slower than during the first four months of the year.Base oils imports of less than 16,000t in August fell from close to 19,000t the previous month, provisional customs data showed.Imports of 77,000t in the four months to end-August were down 11pc from more than 86,000t during the same period last year.Imports fell by a steeper 40pc during the first four months of the year.South Korea remained Pakistan’s largest supplier in August even as shipments fell to less than 8,500t, from more than 13,500t in July.Imports from South Korea still rose to more than 91,200t in the first eight months of the year, from 88,000t during the same period last year.Imports from Singapore recovered to more than 6,000t in August, following a pause in shipments the previous month.Imports from the island-state fell to around 23,500t in the first eight months of the year, down from almost 76,000t during the same period last year..Pakistan’s August lube demand rises