Argentina’s base oils supply rose in September as imports rebounded to a ten-month high.Total supply, or domestic production and imports combined, rose to 24,500mᶟ (21,700t) in September, government data showed.The volume rose from less than 9,000mᶟ the previous month and by 34pc from year-earlier levels.Supply rose as imports rebounded to 22,300mᶟ in September, from less than 4,000mᶟ the previous month.Almost all the shipments originated from the US, with a small volume from the UAE.The pick-up in imports more than covered for a further drop in Argentina’s base oils output around 2,200mᶟ in September.The volume fell from less than 5,000mᶟ in August to an eleven-month low.Total supply of 60,800mᶟ in the third quarter of the year was larger than usual. Supply rose from around 49,000kl during the previous three months and during the third quarter of last year..Argentina’s Sept lube demand falls
Argentina’s base oils supply rose in September as imports rebounded to a ten-month high.Total supply, or domestic production and imports combined, rose to 24,500mᶟ (21,700t) in September, government data showed.The volume rose from less than 9,000mᶟ the previous month and by 34pc from year-earlier levels.Supply rose as imports rebounded to 22,300mᶟ in September, from less than 4,000mᶟ the previous month.Almost all the shipments originated from the US, with a small volume from the UAE.The pick-up in imports more than covered for a further drop in Argentina’s base oils output around 2,200mᶟ in September.The volume fell from less than 5,000mᶟ in August to an eleven-month low.Total supply of 60,800mᶟ in the third quarter of the year was larger than usual. Supply rose from around 49,000kl during the previous three months and during the third quarter of last year..Argentina’s Sept lube demand falls
