South Korea’s base oils exports to Europe rose to a six-month high in October on the back of a surge in shipments to Belgium and the Netherlands.Exports to the two countries combined rose to 24,800t in October, government data showed.The volume rose from 11,100t the previous month and more than tripled from year-earlier levels.The year-on-year increase in shipments to Europe was the first in six months and raised the prospect of adding additional volumes to the region's Group III supplies in the fourth quarter of the year.The higher volumes contrasted with a 29pc fall in South Korea’s base oils exports to the two countries in the first nine months of the year.The rise in shipments in October narrowed that shortfall to 11pc after ten months.South Korea’s base oils exports to other markets in Europe fell to less than 1,000t in October. The volume was the lowest in nine months..S Korea’s Oct base oils exports rise.South Korea’s Oct exports to India rise
South Korea’s base oils exports to Europe rose to a six-month high in October on the back of a surge in shipments to Belgium and the Netherlands.Exports to the two countries combined rose to 24,800t in October, government data showed.The volume rose from 11,100t the previous month and more than tripled from year-earlier levels.The year-on-year increase in shipments to Europe was the first in six months and raised the prospect of adding additional volumes to the region's Group III supplies in the fourth quarter of the year.The higher volumes contrasted with a 29pc fall in South Korea’s base oils exports to the two countries in the first nine months of the year.The rise in shipments in October narrowed that shortfall to 11pc after ten months.South Korea’s base oils exports to other markets in Europe fell to less than 1,000t in October. The volume was the lowest in nine months..S Korea’s Oct base oils exports rise.South Korea’s Oct exports to India rise