Singapore’s base oils exports held in a narrow range in July even as they fell to a three-month low.The steady volumes held at much lower levels than before 2020, when the Covid-19 pandemic struck.Exports of 153,100t in July fell from 174,710t the previous month, government data showed. The volume fell by 10pc and for the third time in four months from year-earlier levels.Total base oils exports of 1.16mn t in the first seven months of the year were almost the same as during the same period last year.The volumes were still down from 1.28mn t during the same period in 2020 and from 1.93mn t during the first seven months of 2019.Singapore’s lower base oils exports in July coincided with a slump in shipments from South Korea..Spore’s exports fall in week to Aug 23
Singapore’s base oils exports held in a narrow range in July even as they fell to a three-month low.The steady volumes held at much lower levels than before 2020, when the Covid-19 pandemic struck.Exports of 153,100t in July fell from 174,710t the previous month, government data showed. The volume fell by 10pc and for the third time in four months from year-earlier levels.Total base oils exports of 1.16mn t in the first seven months of the year were almost the same as during the same period last year.The volumes were still down from 1.28mn t during the same period in 2020 and from 1.93mn t during the first seven months of 2019.Singapore’s lower base oils exports in July coincided with a slump in shipments from South Korea..Spore’s exports fall in week to Aug 23