· Taiwan’s Group II base oils cargo loadings hold steady in H1 April 2024.· Most of Taiwan’s Group II shipments in H1 April 2024 lined up to move to China.· Most of Taiwan’s Group II shipments in H1 April 2024 consist of light-grade base oils.· Slowdown in South Korea’s base oils shipments to US shows signs of extending into April 2024.· Cargo loads from South Korea in early April before heading to UAE, set to arrive in early May 2024.· Large cargo of Group III base oils loads from Indonesia in early April bound for northwest Europe, set to arrive around mid-May 2024.· Cargo loads from Saudi Arabia at end-March 2024, set to reach India this week.· Cargo loads from Saudi Arabia in recent days before heading to UAE, set to arrive in early May 2024.· Cargo of Group III base oils from UAE set to reach US Gulf coast next week.· Cargo of very-light grades from Spain set to reach India this week, after voyage via southern Africa.· Cargo of Group II base oils from US Gulf coast loads in H1 March 2024, set to reach India next week.· Cargo of Group II base oils from US loads in H2 Feb 2024, reaches India in past week.· Large cargo of Group II base oils from US loads in early April, set to reach South Africa in early May 2024.· Size of shipment suggests it could then move on to other outlets like India.· Cargo of Group I base oils loads from US in early April 2024, set to reach Morocco in coming days.· Cargo of Group II base oils loads from US Gulf coast in H1 March 2024 bound for Kenya, set to arrive next week.· Cargo would be second large shipment from US to reach Kenya in as many months.· Cargo loads from northwest Europe in H1 March 2024 bound for Kenya, set to arrive this week. .Global base oils arb outlook: Week of 15 April.Global base oils margins outlook: Week of 15 April.Global base oils demand outlook: Week of 15 April
· Taiwan’s Group II base oils cargo loadings hold steady in H1 April 2024.· Most of Taiwan’s Group II shipments in H1 April 2024 lined up to move to China.· Most of Taiwan’s Group II shipments in H1 April 2024 consist of light-grade base oils.· Slowdown in South Korea’s base oils shipments to US shows signs of extending into April 2024.· Cargo loads from South Korea in early April before heading to UAE, set to arrive in early May 2024.· Large cargo of Group III base oils loads from Indonesia in early April bound for northwest Europe, set to arrive around mid-May 2024.· Cargo loads from Saudi Arabia at end-March 2024, set to reach India this week.· Cargo loads from Saudi Arabia in recent days before heading to UAE, set to arrive in early May 2024.· Cargo of Group III base oils from UAE set to reach US Gulf coast next week.· Cargo of very-light grades from Spain set to reach India this week, after voyage via southern Africa.· Cargo of Group II base oils from US Gulf coast loads in H1 March 2024, set to reach India next week.· Cargo of Group II base oils from US loads in H2 Feb 2024, reaches India in past week.· Large cargo of Group II base oils from US loads in early April, set to reach South Africa in early May 2024.· Size of shipment suggests it could then move on to other outlets like India.· Cargo of Group I base oils loads from US in early April 2024, set to reach Morocco in coming days.· Cargo of Group II base oils loads from US Gulf coast in H1 March 2024 bound for Kenya, set to arrive next week.· Cargo would be second large shipment from US to reach Kenya in as many months.· Cargo loads from northwest Europe in H1 March 2024 bound for Kenya, set to arrive this week. .Global base oils arb outlook: Week of 15 April.Global base oils margins outlook: Week of 15 April.Global base oils demand outlook: Week of 15 April
