Japan’s base oils exports fell to a six-month low in May amid a slowdown in shipments to Taiwan and southeast Asia.Base oils exports of 68,660 kilolitres (60,820t) in May fell from 76,220kl the previous month and by 36pc from year-earlier levels, government data showed.The fall in shipments in May coincided with plant maintenance work that affected several refineries during the second quarter of the year.Exports fell more sharply to outlets like Taiwan, Singapore and Thailand.The fall in base oils exports for a fifth month cut Japan’s total shipments to 369,950kl in the first five months of the year. The volume was down 19pc from 455,630kl during the same period last year.The fall in shipments in the first five months of the year followed the closure of a Group I base oils plant in the country in second-half 2022..Japan’s May base oils output falls.Contact us for more information about the data for these stories
Japan’s base oils exports fell to a six-month low in May amid a slowdown in shipments to Taiwan and southeast Asia.Base oils exports of 68,660 kilolitres (60,820t) in May fell from 76,220kl the previous month and by 36pc from year-earlier levels, government data showed.The fall in shipments in May coincided with plant maintenance work that affected several refineries during the second quarter of the year.Exports fell more sharply to outlets like Taiwan, Singapore and Thailand.The fall in base oils exports for a fifth month cut Japan’s total shipments to 369,950kl in the first five months of the year. The volume was down 19pc from 455,630kl during the same period last year.The fall in shipments in the first five months of the year followed the closure of a Group I base oils plant in the country in second-half 2022..Japan’s May base oils output falls.Contact us for more information about the data for these stories