Southeast Asia July base oil exports to China fall 35% from June

24 August 2012 12:19  [Source: ICIS news]

SINGAPORE (ICIS)--Southeast Asia exported 35% less base oils to China in July amid a slowing down in the Chinese economy, market sources said on Friday.

Official data showed that China received a total of 58,410 tonnes of base oils from the region last month, with Singapore accounting for more than 90% of the total.

Base oils shipments from Singapore stood at 53,339 tonnes, while those from Thailand and Malaysia were at 3,094 and 1,968 tonnes, respectively. From Indonesia, China received 9 tonnes of base oils in July, according to China Customs data.

No breakdown of base oil grades was available.

By: Serena Seng

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index