South Korea’s base oils exports to southeast Asia fell to a ten-month low in October mostly because of a slump in shipments to Indonesia.Total exports of 62,500t to the region in October fell from almost 68,000t in September and by 33pc from year-earlier levels, government data showed.Exports fell from an average of more than 75,000 t/month over the past year. They fell even as South Korea’s total base oils exports rose in October to an eight-month high.The slowdown cut total exports to the region to 749,000t in the first ten months of the year, down from 787,600t during the same period last year.Imports fell in October mostly because of a slide in shipments to Indonesia to less than 3,000t.The volume fell from more than 6,000t in September to an eleven-month low.The drop in shipments contrasted with steadier flows to Thailand and Philippines and a rise in shipments to Vietnam..S Korea’s Oct base oils exports rise.South Korea's Oct exports to China rise
South Korea’s base oils exports to southeast Asia fell to a ten-month low in October mostly because of a slump in shipments to Indonesia.Total exports of 62,500t to the region in October fell from almost 68,000t in September and by 33pc from year-earlier levels, government data showed.Exports fell from an average of more than 75,000 t/month over the past year. They fell even as South Korea’s total base oils exports rose in October to an eight-month high.The slowdown cut total exports to the region to 749,000t in the first ten months of the year, down from 787,600t during the same period last year.Imports fell in October mostly because of a slide in shipments to Indonesia to less than 3,000t.The volume fell from more than 6,000t in September to an eleven-month low.The drop in shipments contrasted with steadier flows to Thailand and Philippines and a rise in shipments to Vietnam..S Korea’s Oct base oils exports rise.South Korea's Oct exports to China rise