The Netherlands’ base oils and lube consumption rose to a nine-month high in April as overseas demand surged.Domestic demand and exports combined rose to 370,000t in April, up from 310,000t the previous month, government data showed.Exports accounted for most of the volume and exceeded year-earlier levels by more than 20pc.Most of the shipments likely stayed within the European market.Exports got a boost from a sharp rise in shipments to the UK to a thirteen-month high.Shipments slowed to the US and to outlets in Africa like Nigeria and South Africa.Even with the rise in exports, the Netherlands’ total demand of 1.25mn t in the first four months of the year remained down 9pc from 1.37mn t during the same period a year earlier..Netherlands’ April base oils supply rises.Contact us for more information about the data for these stories
The Netherlands’ base oils and lube consumption rose to a nine-month high in April as overseas demand surged.Domestic demand and exports combined rose to 370,000t in April, up from 310,000t the previous month, government data showed.Exports accounted for most of the volume and exceeded year-earlier levels by more than 20pc.Most of the shipments likely stayed within the European market.Exports got a boost from a sharp rise in shipments to the UK to a thirteen-month high.Shipments slowed to the US and to outlets in Africa like Nigeria and South Africa.Even with the rise in exports, the Netherlands’ total demand of 1.25mn t in the first four months of the year remained down 9pc from 1.37mn t during the same period a year earlier..Netherlands’ April base oils supply rises.Contact us for more information about the data for these stories