· Singapore takes delivery last week of first large shipment from Russia since May.· Singapore takes delivery last week of large shipment from Qatar, after slowdown in flows from Qatar over last three months.· Singapore takes delivery last week of infrequent shipment of supplies of US origin.· Cargo loads from Singapore in late Aug 2023, set to reach South Africa in 1H Oct 2023.· Taiwan’s Group II shipments hold steady through Sep 2023, with total exports set to fall from August, stay well up from June and July.· Taiwan’s September-loading shipments to China set to follow similar pattern.· Large cargo loads from South Korea in early Sep 2023, set to reach US Gulf coast in early Oct.· Another cargo loads from South Korea in late Sep 2023 before heading to US Gulf coast.· Volume of South Korea cargoes reaching US in Sep 2023 set to rise to multi-month high, rebounding from slump in arrivals in August.· Several cargoes from South Korea move to Latin America, set to arrive in coming two weeks.· Cargo of Group III base oils from Bahrain set to reach northwest Europe in coming days.· Cargo of Group III base oils from UAE set to reach northwest Europe in coming days.· Cargo loads from Saudi Arabia in 1H Sep 2023, set to reach northwest Europe by end-Sep 2023.· Cargo loads from Saudi Arabia in recent days, set to reach India this week.· Cargo of Group I/II base oils loads from Saudi Arabia in recent days, set to reach South Africa in 1H Oct 2023.· Cargo loads from Singapore in late Aug 2023, set to reach South Africa in 1H Oct 2023.· Several shipments move from several sources in northwest Europe to countries in West Africa, with cargoes arriving in late Sep 2023.· Those volumes supplemented with cargo of Russian origin that reached Nigeria in recent days.· Cargo loads from US Gulf coast in 2H Sep 2023 before heading to Turkey, set to arrive in 1H Oct.· Cargo of Group III base oils of US origin reaches Brazil in mid-Sep 2023.· Premium-grade cargo loads from Spain in recent days before heading to northwest Europe.· Shipment boosts Spain’s premium-grade flows this month well above Aug 2023 levels..Global base oils - week of Sep 25: Price outlook - arbitrage
· Singapore takes delivery last week of first large shipment from Russia since May.· Singapore takes delivery last week of large shipment from Qatar, after slowdown in flows from Qatar over last three months.· Singapore takes delivery last week of infrequent shipment of supplies of US origin.· Cargo loads from Singapore in late Aug 2023, set to reach South Africa in 1H Oct 2023.· Taiwan’s Group II shipments hold steady through Sep 2023, with total exports set to fall from August, stay well up from June and July.· Taiwan’s September-loading shipments to China set to follow similar pattern.· Large cargo loads from South Korea in early Sep 2023, set to reach US Gulf coast in early Oct.· Another cargo loads from South Korea in late Sep 2023 before heading to US Gulf coast.· Volume of South Korea cargoes reaching US in Sep 2023 set to rise to multi-month high, rebounding from slump in arrivals in August.· Several cargoes from South Korea move to Latin America, set to arrive in coming two weeks.· Cargo of Group III base oils from Bahrain set to reach northwest Europe in coming days.· Cargo of Group III base oils from UAE set to reach northwest Europe in coming days.· Cargo loads from Saudi Arabia in 1H Sep 2023, set to reach northwest Europe by end-Sep 2023.· Cargo loads from Saudi Arabia in recent days, set to reach India this week.· Cargo of Group I/II base oils loads from Saudi Arabia in recent days, set to reach South Africa in 1H Oct 2023.· Cargo loads from Singapore in late Aug 2023, set to reach South Africa in 1H Oct 2023.· Several shipments move from several sources in northwest Europe to countries in West Africa, with cargoes arriving in late Sep 2023.· Those volumes supplemented with cargo of Russian origin that reached Nigeria in recent days.· Cargo loads from US Gulf coast in 2H Sep 2023 before heading to Turkey, set to arrive in 1H Oct.· Cargo of Group III base oils of US origin reaches Brazil in mid-Sep 2023.· Premium-grade cargo loads from Spain in recent days before heading to northwest Europe.· Shipment boosts Spain’s premium-grade flows this month well above Aug 2023 levels..Global base oils - week of Sep 25: Price outlook - arbitrage