Singapore’s base oils exports fell over the past week as lower shipments to southeast Asia and India outweighed an ongoing recovery in flows to China.Singapore’s base oils exports came to less than 23,000t in the week to December 6, government data showed.The volume fell from shipments of more than 30,000t over each of the previous four weeks and from average weekly levels of more than 38,000t so far this year.Exports fell on the back of a slump in weekly shipments to southeast Asia to the lowest level in more than a year.Exports to India also stayed lower than usual.Total shipments of less than 15,000t to the country over the last four weeks combined fell from export volumes of more than 30,000t to India in September and in October.The slowdown in shipments to India contrasted with rising flows to China.Exports of more than 47,000t to China over the last four weeks combined were the highest since March.They followed a rebound in Singapore’s base oils exports to China to more than 38,000t in October, from less than 20,000t the previous month.Singapore’s base oils imports stayed lower than usual over the past week amid a slowdown in shipments from China and an ongoing pause in supplies from Japan..Spore’s exports fall in week to Nov 29.Spore’s exports fall in week to Nov 22
Singapore’s base oils exports fell over the past week as lower shipments to southeast Asia and India outweighed an ongoing recovery in flows to China.Singapore’s base oils exports came to less than 23,000t in the week to December 6, government data showed.The volume fell from shipments of more than 30,000t over each of the previous four weeks and from average weekly levels of more than 38,000t so far this year.Exports fell on the back of a slump in weekly shipments to southeast Asia to the lowest level in more than a year.Exports to India also stayed lower than usual.Total shipments of less than 15,000t to the country over the last four weeks combined fell from export volumes of more than 30,000t to India in September and in October.The slowdown in shipments to India contrasted with rising flows to China.Exports of more than 47,000t to China over the last four weeks combined were the highest since March.They followed a rebound in Singapore’s base oils exports to China to more than 38,000t in October, from less than 20,000t the previous month.Singapore’s base oils imports stayed lower than usual over the past week amid a slowdown in shipments from China and an ongoing pause in supplies from Japan..Spore’s exports fall in week to Nov 29.Spore’s exports fall in week to Nov 22
