Indonesia’s base oils imports fell in March from an eleven-month high in February amid a sustained slowdown in shipments from South Korea.Imports of 42,530t in March fell from 51,280t the previous month, government data showed.The volume was close to typical levels of around 43,300 t/month over the past year.Imports of 130,490t in the first three months of the year fell by 3pc from the fourth quarter of last year but still rose from year-earlier levels for an eighth straight quarter.Imports held firm even as supplies from South Korea fell to 23,980t in the first three months of the year. The volume was down from more than 44,000t during the fourth quarter of last year.A rise in shipments from Singapore covered most of the shortfall..Spore’s weekly base oils exports to Indonesia slide
Indonesia’s base oils imports fell in March from an eleven-month high in February amid a sustained slowdown in shipments from South Korea.Imports of 42,530t in March fell from 51,280t the previous month, government data showed.The volume was close to typical levels of around 43,300 t/month over the past year.Imports of 130,490t in the first three months of the year fell by 3pc from the fourth quarter of last year but still rose from year-earlier levels for an eighth straight quarter.Imports held firm even as supplies from South Korea fell to 23,980t in the first three months of the year. The volume was down from more than 44,000t during the fourth quarter of last year.A rise in shipments from Singapore covered most of the shortfall..Spore’s weekly base oils exports to Indonesia slide