· Taiwan’s Group II base oils exports hold firm in first three weeks of April 2024, with most of the volume consisting of light grades.· Singapore takes delivery last week of cargo originating from the Netherlands.· Cargo loadings from South Korea to US show signs of slowing sharply in April 2024.· Cargo loads from South Korea in early April 2024 before heading to UAE, set to arrive next week.· Cargo loads from Saudi Arabia in mid-April 2024, heads towards UAE via Red Sea route.· Cargo loads from Qatar in early April 2024, reaches India in past week.· Cargo of Group III base oils loads from Bahrain in H1 March 2024, set to reach Europe in coming week.· Cargo of Group III base oils loads from Bahrain in H1 March 2024, set to reach US this week.· Large cargo loads from US Gulf coast in recent days before heading towards South Africa, set to arrive in H2 May 2024.· Size of shipment suggests at least portion of the cargo is set to move to markets beyond South Africa, like India.· Cargo loads from US Gulf coast in mid-April 2024 before heading to Turkey, set to arrive by mid-May 2024.· Large cargo loads from US Gulf coast in early April 2024, set to reach South Africa in early May 2024.· Size of shipment suggests portion of the cargo is likely to move to other markets.· Large cargo loads from US Gulf coast in late March 2024, set to reach India in H1 May 2024.· Cargo loads from US Gulf coast in mid-March 2024, set to reach Kenya by end-April 2024.· Large cargo loads from US Gulf coast in late-Feb 2024, set to reach India this week.· Large cargo loads from Spain in mid-April 2024 bound for India.· Shipment follows another cargo that loaded from Spain at end-March 2024, set to reach India in early May 2024.· Cargoes set for arrival in Nigeria in April 2024 show signs of slowing vs March 2024..Global base oils margins outlook: Week of 22 April.Global base oils margins outlook: Week of 22 April.Global base oils demand outlook: Week of 22 April.Asia base oils supply outlook: Week of 22 April
· Taiwan’s Group II base oils exports hold firm in first three weeks of April 2024, with most of the volume consisting of light grades.· Singapore takes delivery last week of cargo originating from the Netherlands.· Cargo loadings from South Korea to US show signs of slowing sharply in April 2024.· Cargo loads from South Korea in early April 2024 before heading to UAE, set to arrive next week.· Cargo loads from Saudi Arabia in mid-April 2024, heads towards UAE via Red Sea route.· Cargo loads from Qatar in early April 2024, reaches India in past week.· Cargo of Group III base oils loads from Bahrain in H1 March 2024, set to reach Europe in coming week.· Cargo of Group III base oils loads from Bahrain in H1 March 2024, set to reach US this week.· Large cargo loads from US Gulf coast in recent days before heading towards South Africa, set to arrive in H2 May 2024.· Size of shipment suggests at least portion of the cargo is set to move to markets beyond South Africa, like India.· Cargo loads from US Gulf coast in mid-April 2024 before heading to Turkey, set to arrive by mid-May 2024.· Large cargo loads from US Gulf coast in early April 2024, set to reach South Africa in early May 2024.· Size of shipment suggests portion of the cargo is likely to move to other markets.· Large cargo loads from US Gulf coast in late March 2024, set to reach India in H1 May 2024.· Cargo loads from US Gulf coast in mid-March 2024, set to reach Kenya by end-April 2024.· Large cargo loads from US Gulf coast in late-Feb 2024, set to reach India this week.· Large cargo loads from Spain in mid-April 2024 bound for India.· Shipment follows another cargo that loaded from Spain at end-March 2024, set to reach India in early May 2024.· Cargoes set for arrival in Nigeria in April 2024 show signs of slowing vs March 2024..Global base oils margins outlook: Week of 22 April.Global base oils margins outlook: Week of 22 April.Global base oils demand outlook: Week of 22 April.Asia base oils supply outlook: Week of 22 April
