Exports of premium-grade base oils from the Spanish port of Cartagena fell in April from a more-than-four-year high in March, ahead of plant maintenance work starting in May.Base oils exports of more than 52,000t in April fell from close to 74,000t the previous month, port data showed.The volume was the lowest so far this year. But it held above typical levels of less than 50,000 t/month over the past year.Exports from Cartagena have been a key source of Group III supplies for Europe over the past year, amid a slowdown in shipments from other sources.Exports are likely to fall further in the coming weeks because of planned maintenance work on the Group III base oils unit at Cartagena during the month of May..Insight: Spain’s Cartagena exports rise
Exports of premium-grade base oils from the Spanish port of Cartagena fell in April from a more-than-four-year high in March, ahead of plant maintenance work starting in May.Base oils exports of more than 52,000t in April fell from close to 74,000t the previous month, port data showed.The volume was the lowest so far this year. But it held above typical levels of less than 50,000 t/month over the past year.Exports from Cartagena have been a key source of Group III supplies for Europe over the past year, amid a slowdown in shipments from other sources.Exports are likely to fall further in the coming weeks because of planned maintenance work on the Group III base oils unit at Cartagena during the month of May..Insight: Spain’s Cartagena exports rise