South Korea exported 6% less base oil September, but the declared value of the product exported rose 10%, compared to the same month last year, according to data released by the Korea Customs Service.
The country exported 414,309 metric tons in September, compared with 442,932 tons in the same month last year. However, sequentially, the export volume represented a 26% jump from 327,729 tons in August. The September figure was also the first month since December 2021 that the monthly export volume topped 400,000 tons.
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