South Korea’s base oils exports to southeast Asia fell to a three-month low in March amid a slowdown in shipments to markets like Thailand and Indonesia.Exports of 75,990t in March fell from 88,610t the previous month, government data showed.But exports of 252,910t in the first three months of the year rose from less than 216,000t during the fourth quarter of last year and by 14pc from year-earlier levels.The firm volumes during the first quarter enabled blenders in southeast Asia to replenish stocks at competitive price levels.Exports of 33,440t to Indonesia in the first three months of the year fell more than 10pc from the previous three months, while Singapore’s shipments to the country rose..S Korea’s March base oils exports fall
South Korea’s base oils exports to southeast Asia fell to a three-month low in March amid a slowdown in shipments to markets like Thailand and Indonesia.Exports of 75,990t in March fell from 88,610t the previous month, government data showed.But exports of 252,910t in the first three months of the year rose from less than 216,000t during the fourth quarter of last year and by 14pc from year-earlier levels.The firm volumes during the first quarter enabled blenders in southeast Asia to replenish stocks at competitive price levels.Exports of 33,440t to Indonesia in the first three months of the year fell more than 10pc from the previous three months, while Singapore’s shipments to the country rose..S Korea’s March base oils exports fall
