South Korea’s base oils exports to India rose in March as the prospect of higher prices incentivized buyers to lock in more supplies at prevailing price levels.Exports of 74,200t to India in March rebounded from 39,280t the previous month, government data showed.Shipments of 210,190t in the first three months of the year also rose strongly, from 170,320t during the final three months of last year.But the volume was down almost 20pc from 260,210t during the fist quarter of last year amid a sustained slump in demand for Group II very-light grade base oils..S Korea’s March base oils exports fall
South Korea’s base oils exports to India rose in March as the prospect of higher prices incentivized buyers to lock in more supplies at prevailing price levels.Exports of 74,200t to India in March rebounded from 39,280t the previous month, government data showed.Shipments of 210,190t in the first three months of the year also rose strongly, from 170,320t during the final three months of last year.But the volume was down almost 20pc from 260,210t during the fist quarter of last year amid a sustained slump in demand for Group II very-light grade base oils..S Korea’s March base oils exports fall