· Taiwan’s base oils exports stay muted in H1 May 2024, with supplies mostly bound for southeast Asia and India.· Taiwan’s base oils exports revive in H2 May 2024, with more cargoes moving to China.· Flow of cargoes from South Korea to US stays low so far in May 2024, following unusually low shipment volumes to US in April 2024.· Cargo, likely of Group III base oils, loads from Indonesia in H1 May 2024, set to reach China this week.· Cargo loadings from Indonesia show signs of slowing in May 2024 from April 2024.· Cargo of Group III base oils loads from Indonesia in early April 2024, set to reach northwest Europe by end-May 2024.· Cargo loads from Saudi Arabia in early-May 2024 before heading to India, set to arrive this week.· Cargo loads from Saudi Arabia in H2 April 2024, set to reach Brazil this week.· Cargo from Saudi Arabia set to reach South Africa by end-May 2024 after loading in mid-April 2024.· Cargo of Group III base oils loads from Bahrain in early May 2024, set to reach Europe in early June 2024.· Cargo, likely of very light grades, loads from Spain in H2 April 2024, set to reach India this week.· Cargo of Group II base oils loads from US in H2 April 2024, set to reach South Africa this week.· Size of cargo suggests it will then move on to other markets like India.· Cargo of Group II base oils loads from US in early April 2024, set to reach India this week.· Large cargo loads from US at end-March 2024, reaches India in past week..Global base oils margins outlook: Week of 20 May.Global base oils arb outlook: Week of 20 May.Global base oils demand outlook: Week of 20 May.Asia base oils demand outlook: Week of 20 May
· Taiwan’s base oils exports stay muted in H1 May 2024, with supplies mostly bound for southeast Asia and India.· Taiwan’s base oils exports revive in H2 May 2024, with more cargoes moving to China.· Flow of cargoes from South Korea to US stays low so far in May 2024, following unusually low shipment volumes to US in April 2024.· Cargo, likely of Group III base oils, loads from Indonesia in H1 May 2024, set to reach China this week.· Cargo loadings from Indonesia show signs of slowing in May 2024 from April 2024.· Cargo of Group III base oils loads from Indonesia in early April 2024, set to reach northwest Europe by end-May 2024.· Cargo loads from Saudi Arabia in early-May 2024 before heading to India, set to arrive this week.· Cargo loads from Saudi Arabia in H2 April 2024, set to reach Brazil this week.· Cargo from Saudi Arabia set to reach South Africa by end-May 2024 after loading in mid-April 2024.· Cargo of Group III base oils loads from Bahrain in early May 2024, set to reach Europe in early June 2024.· Cargo, likely of very light grades, loads from Spain in H2 April 2024, set to reach India this week.· Cargo of Group II base oils loads from US in H2 April 2024, set to reach South Africa this week.· Size of cargo suggests it will then move on to other markets like India.· Cargo of Group II base oils loads from US in early April 2024, set to reach India this week.· Large cargo loads from US at end-March 2024, reaches India in past week..Global base oils margins outlook: Week of 20 May.Global base oils arb outlook: Week of 20 May.Global base oils demand outlook: Week of 20 May.Asia base oils demand outlook: Week of 20 May