Vietnam’s base oils imports rose to a thirteen-month high in October, rebounding from an unusual dip in shipments the previous month.Total imports of more than 23,000t in October rose from less than 10,000t in September, provisional customs data showed.The October volume was above and the September volume below typical levels of close to 17,000 t/month over the past year.The rise in shipments lifted total imports to 184,000t in the first ten months of the year, down 2pc from around 188,000t during the same period last year.The gap narrowed from an 8pc shortfall in the first half of the year.The pick-up in Vietnam’s base oils imports in the second half of the year coincided with stronger-than-expected economic growth in the third quarter of the year.Imports got a boost in October from a rebound in shipments from South Korea to more than 12,000t.Imports from the northeast Asian country had fallen to less than 3,000t in September and held below the 10,000t level in each of the previous four months.Imports from Singapore rose in October to more typical levels of around 8,000t..S Korea’s Oct exports to SE Asia fall.Spore’s Oct exports to SE Asia rise
Vietnam’s base oils imports rose to a thirteen-month high in October, rebounding from an unusual dip in shipments the previous month.Total imports of more than 23,000t in October rose from less than 10,000t in September, provisional customs data showed.The October volume was above and the September volume below typical levels of close to 17,000 t/month over the past year.The rise in shipments lifted total imports to 184,000t in the first ten months of the year, down 2pc from around 188,000t during the same period last year.The gap narrowed from an 8pc shortfall in the first half of the year.The pick-up in Vietnam’s base oils imports in the second half of the year coincided with stronger-than-expected economic growth in the third quarter of the year.Imports got a boost in October from a rebound in shipments from South Korea to more than 12,000t.Imports from the northeast Asian country had fallen to less than 3,000t in September and held below the 10,000t level in each of the previous four months.Imports from Singapore rose in October to more typical levels of around 8,000t..S Korea’s Oct exports to SE Asia fall.Spore’s Oct exports to SE Asia rise
