· Taiwan ships large volume of Group II supplies in early September, with more than half the volume bound for southeast Asia.· Taiwan’s shipments so far in September include larger volume of heavy grades than light grades, contrasting with its August shipments.· Cargo loads from South Korea in early September before heading to Chile.· Larger cargo loads from South Korea in early September before heading to US Gulf coast.· Cargo follows several shipments lined up from South Korea to US Gulf coast in late August, raising prospect of rebound in shipments reaching US Gulf coast in September.· Pick-up in flows follows slowdown in shipments from South Korea to US Gulf coast in June and July, with sharp fall in cargoes reaching US Gulf coast in August.· Large cargo of Group III base oils loads from UAE in 2H Aug, set to reach Mediterranean market later this week.· Cargo of Group III base oils loads from UAE in early September, set to reach India later this week.· Large cargo of Group III base oils loads from Bahrain in late August, set to reach Mediterranean market later this week.· Cargo of Group III base oils from Bahrain set to reach northwest Europe in coming week.· Cargo, likely of Group I base oils, loads from Saudi Arabia in early Sep 2023 before heading to Egypt, set to arrive at start of this week.· Cargo of Group I base oils loads from Singapore in late August before heading towards Mideast Gulf, set to arrive early next week.· Cargo from Thailand reaches India in late-August, with volumes consisting mostly of bright stock.· Several large cargoes of premium-grade base oils load from Spain in early September, with the volume already exceeding total exports in August.· Flow of arbitrage cargoes to West Africa extends slowdown.· Vessel that moved base oils shipments from Russia to Nigeria in May and July heads towards West Africa again.· Several large shipments from US set to reach Europe later this month..Global base oils - week of Sep 11: Price outlook - arbitrage
· Taiwan ships large volume of Group II supplies in early September, with more than half the volume bound for southeast Asia.· Taiwan’s shipments so far in September include larger volume of heavy grades than light grades, contrasting with its August shipments.· Cargo loads from South Korea in early September before heading to Chile.· Larger cargo loads from South Korea in early September before heading to US Gulf coast.· Cargo follows several shipments lined up from South Korea to US Gulf coast in late August, raising prospect of rebound in shipments reaching US Gulf coast in September.· Pick-up in flows follows slowdown in shipments from South Korea to US Gulf coast in June and July, with sharp fall in cargoes reaching US Gulf coast in August.· Large cargo of Group III base oils loads from UAE in 2H Aug, set to reach Mediterranean market later this week.· Cargo of Group III base oils loads from UAE in early September, set to reach India later this week.· Large cargo of Group III base oils loads from Bahrain in late August, set to reach Mediterranean market later this week.· Cargo of Group III base oils from Bahrain set to reach northwest Europe in coming week.· Cargo, likely of Group I base oils, loads from Saudi Arabia in early Sep 2023 before heading to Egypt, set to arrive at start of this week.· Cargo of Group I base oils loads from Singapore in late August before heading towards Mideast Gulf, set to arrive early next week.· Cargo from Thailand reaches India in late-August, with volumes consisting mostly of bright stock.· Several large cargoes of premium-grade base oils load from Spain in early September, with the volume already exceeding total exports in August.· Flow of arbitrage cargoes to West Africa extends slowdown.· Vessel that moved base oils shipments from Russia to Nigeria in May and July heads towards West Africa again.· Several large shipments from US set to reach Europe later this month..Global base oils - week of Sep 11: Price outlook - arbitrage
