Vietnam’s base oils imports held steadier in July as a pick-up in shipments from Singapore countered a drop in flows from South Korea.Imports of close to 20,000t in July fell from more than 21,000t the previous month, provisional customs data showed.The volume rose by 4pc and for the second time in three months from year-earlier levels.The firmer year-on-year growth contrasted with a fall in shipments for seven straight months to April.Imports from Singapore rose to an eight-month high of more than 11,400t.The higher volume contrasted with a drop in shipments from South Korea to a three-month low of around 7,600t.Supplies from South Korea accounted for a growing share of Vietnam’s base oils imports this year, despite the slowdown in July. .S Korea’s July exports to SE Asia slip
Vietnam’s base oils imports held steadier in July as a pick-up in shipments from Singapore countered a drop in flows from South Korea.Imports of close to 20,000t in July fell from more than 21,000t the previous month, provisional customs data showed.The volume rose by 4pc and for the second time in three months from year-earlier levels.The firmer year-on-year growth contrasted with a fall in shipments for seven straight months to April.Imports from Singapore rose to an eight-month high of more than 11,400t.The higher volume contrasted with a drop in shipments from South Korea to a three-month low of around 7,600t.Supplies from South Korea accounted for a growing share of Vietnam’s base oils imports this year, despite the slowdown in July. .S Korea’s July exports to SE Asia slip
