· Unusually large cargo of light and heavy-grade base oils set to load from Taiwan this week.· Size of shipment suggests it could then head to India.· More cargoes load from Taiwan in past week before heading to China and southeast Asia.· Shipments leave Taiwan’s Group II exports in Oct 2024 well above levels in Sept 2024.· Singapore takes delivery of another shipment from Netherlands in past week.· Shipment adds to sharp pick-up in cargoes from Europe in past month.· Cargo loads from South Korea around mid-Oct 2024 before heading to US Gulf coast, set to arrive in H2 Nov 2024.· Cargo loads from Saudi Arabia in mid-Oct 2024 before heading to Singapore, set to arrive in early Nov 2024.· Cargo loads from Saudi Arabia in past week before heading to Egypt, set to arrive this week. · Cargo of Group III base oils loads from Bahrain at end-Sept 2024, set to reach US Gulf coast around mid-Nov 2024.· Cargo loads from northwest Europe in H2 Oct 2024 before heading to Singapore, set to arrive in late-Nov 2024.· Cargo, likely of Group I base oils, loads from US east coast at end-Sept 2024, set to reach Nigeria in coming week..Global base oils margins outlook: Week of 28 Oct.Global base oils demand outlook: Week of 28 Oct.Global base oils arb outlook: Week of 28 Oct.Asia base oils supply outlook: Week of 28 Oct
