· Singapore sees sharp slowdown in shipments from Japan in recent weeks.· Singapore likely to see delivery of more supplies from Italy in coming weeks.· Taiwan’s pause in Group II base oils shipments continues for another week.· Arrival in US of shipments from South Korea set to stay high in Nov 2023 for second month, after slowdown in Q3 2023.· Cargo loadings in Nov 2023 from South Korea to US show signs of slowing.· Cargo of Group III base oils from Indonesia scheduled to reach northwest Europe in coming week.· Cargo of Group III base oils from Bahrain set to reach Europe at start of this week.· Large cargo of Group III base oils from UAE set to reach US Gulf coast in coming week.· Cargo from UAE reaches India in past week.· Cargo loads from Spain at end-Oct 2023, set to reach India at end-Nov 2023.· Cargo from Saudi Arabia set to reach France in coming week.· Large cargo loads from US at end-Oct 2023, set to reach Nigeria in coming week.· Cargo could include Group II base oils.· Cargo would be second of US origin to reach Nigeria in Nov 2023.· Several large cargoes of US origin set to reach South Africa in mid-Nov and early Dec 2023.· Cargo from Europe set to reach Nigeria in coming week..Global base oils - week of Nov 13: Price outlook - arbitrage
· Singapore sees sharp slowdown in shipments from Japan in recent weeks.· Singapore likely to see delivery of more supplies from Italy in coming weeks.· Taiwan’s pause in Group II base oils shipments continues for another week.· Arrival in US of shipments from South Korea set to stay high in Nov 2023 for second month, after slowdown in Q3 2023.· Cargo loadings in Nov 2023 from South Korea to US show signs of slowing.· Cargo of Group III base oils from Indonesia scheduled to reach northwest Europe in coming week.· Cargo of Group III base oils from Bahrain set to reach Europe at start of this week.· Large cargo of Group III base oils from UAE set to reach US Gulf coast in coming week.· Cargo from UAE reaches India in past week.· Cargo loads from Spain at end-Oct 2023, set to reach India at end-Nov 2023.· Cargo from Saudi Arabia set to reach France in coming week.· Large cargo loads from US at end-Oct 2023, set to reach Nigeria in coming week.· Cargo could include Group II base oils.· Cargo would be second of US origin to reach Nigeria in Nov 2023.· Several large cargoes of US origin set to reach South Africa in mid-Nov and early Dec 2023.· Cargo from Europe set to reach Nigeria in coming week..Global base oils - week of Nov 13: Price outlook - arbitrage