Singapore’s base oils imports fell in September amid a slowdown in shipments from China and a pause in supplies from the Netherlands.Total imports of 65,000t in September fell from 79,700t the previous month, government data showed.The August volume was the second-highest in seventeen months. It got a boost from a surge in supplies from China and the Netherlands.The supplies from China were increasingly regular this year. The shipments from the Netherlands were unusual.Singapore's September import volume was closer to more typical levels of around 64,000 t/month over the past year.Imports from China fell to a four-month low of less than 4,000t in September.The slowdown pointed to signs of stock-building in China ahead of a seasonal rise in lube demand in the country from the end of the third quarter.There was a halt in imports from the Netherlands in September.Imports of 22,400t from Japan in September were close to a five-month high. Imports stayed high even ahead of the closure of a Group I base oils plant in Japan in October.Imports from the US rose in September to a two-year high of 3,500t. Shipments from the US rose for the second time in as many months.Before August, imports from the US had averaged less than 300 t/month over the previous year..Singapore’s Sept base oils exports fall
Singapore’s base oils imports fell in September amid a slowdown in shipments from China and a pause in supplies from the Netherlands.Total imports of 65,000t in September fell from 79,700t the previous month, government data showed.The August volume was the second-highest in seventeen months. It got a boost from a surge in supplies from China and the Netherlands.The supplies from China were increasingly regular this year. The shipments from the Netherlands were unusual.Singapore's September import volume was closer to more typical levels of around 64,000 t/month over the past year.Imports from China fell to a four-month low of less than 4,000t in September.The slowdown pointed to signs of stock-building in China ahead of a seasonal rise in lube demand in the country from the end of the third quarter.There was a halt in imports from the Netherlands in September.Imports of 22,400t from Japan in September were close to a five-month high. Imports stayed high even ahead of the closure of a Group I base oils plant in Japan in October.Imports from the US rose in September to a two-year high of 3,500t. Shipments from the US rose for the second time in as many months.Before August, imports from the US had averaged less than 300 t/month over the previous year..Singapore’s Sept base oils exports fall
