India’s Group II base oils imports stayed unusually high in September on the back of a surge in shipments from Asia-Pacific, especially of heavy grades.Total Group II imports of more than 96,000t in September fell from close to 110,000t in August and in July, provisional customs data showed.Imports fell from the previous two months amid a slowdown in shipments from the US.The September volume was still the third-highest in fourteen months as shipments from Asia-Pacific rose to the highest in more than two years.Imports of Group II heavy-grade base oils also rose to the highest in more than two years. The previous highest during that period had been in August.Heavy-grade shipments got a boost from a wave of supplies from South Korea and Singapore.Imports of Group II light-grade base oils by contrast fell to a four-month low in September amid a dip in shipments from the US and Mideast Gulf..India’s September base oils imports rise.India’s September N70 imports fall
India’s Group II base oils imports stayed unusually high in September on the back of a surge in shipments from Asia-Pacific, especially of heavy grades.Total Group II imports of more than 96,000t in September fell from close to 110,000t in August and in July, provisional customs data showed.Imports fell from the previous two months amid a slowdown in shipments from the US.The September volume was still the third-highest in fourteen months as shipments from Asia-Pacific rose to the highest in more than two years.Imports of Group II heavy-grade base oils also rose to the highest in more than two years. The previous highest during that period had been in August.Heavy-grade shipments got a boost from a wave of supplies from South Korea and Singapore.Imports of Group II light-grade base oils by contrast fell to a four-month low in September amid a dip in shipments from the US and Mideast Gulf..India’s September base oils imports rise.India’s September N70 imports fall
