· Larger-than-usual cargo set to load from Taiwan at end-April 2024.· Size of shipment suggests it could be bound for market like India.· Including this shipment, cargo loadings from Taiwan in April 2024 would exceed March 2024 levels.· Most of Taiwan’s shipments in H2 April 2024 move to southeast Asia rather than China.· Cargo of Group III base oils loads from Indonesia in H2 April 2024 bound for Europe; set to arrive in early June 2024.· Shipment would be second April-loading cargo from Indonesia bound for Europe.· Cargo loads from South Korea at end-April 2024 bound for US Gulf coast, set to arrive in early June 2024.· Volume of cargoes from South Korea set to reach US in May 2024 shows signs of falling from April 2024.· Cargo set to reach India in early May 2024 after loading from Middle East in late Apr 2024.· Cargo loads from Saudi Arabia in late April 2024 before heading to UAE via Red Sea; set to arrive around mid-May 2024.· Cargo loads from Saudi Arabia in H2 April 2024 before heading to Europe; set to arrive in coming week.· Cargo loads from Saudi Arabia around mid-April 2024 before heading to US; set to arrive around mid-May 2024.· Most of the April-loading cargoes from Saudi Arabia head via Suez Canal to markets like Egypt, Europe and US.· Large cargo of Group III base oils loads from UAE in past week before heading to India, set to arrive this week.· Cargo loads from Qatar around mid-March 2024, set to reach Europe in coming week.· Cargo of Group III base oils from Bahrain set to reach US Gulf coast this week.· Cargo of Group III base oils from Bahrain set to reach Europe this week.· Cargo of Group III base oils loads from Bahrain in H2 March 2024, set to reach Europe in H1 May 2024.· Cargo loads from northwest Europe in late-April 2024 before heading to Nigeria; set to arrive around mid-May 2024.· Cargo loads from US Gulf coast in mid-April 2024 before heading to Turkey, set to arrive in H1 May 2024.· Cargo loads from US Gulf coast in H2 April 2024 before heading towards South Africa; set to arrive around mid-May 2024.· Large cargo from US Gulf coast set to reach India in H1 May 2024.· Cargo, likely of Group I base oils, loads from US in H2 March 2024 before heading to Europe; set to arrive this week..Global base oils arb outlook: Week of 29 April.Global base oils margins outlook: Week of 29 April.Asia base oils demand outlook: Week of 29 April.Asia base oils supply outlook: Week of 29 April
· Larger-than-usual cargo set to load from Taiwan at end-April 2024.· Size of shipment suggests it could be bound for market like India.· Including this shipment, cargo loadings from Taiwan in April 2024 would exceed March 2024 levels.· Most of Taiwan’s shipments in H2 April 2024 move to southeast Asia rather than China.· Cargo of Group III base oils loads from Indonesia in H2 April 2024 bound for Europe; set to arrive in early June 2024.· Shipment would be second April-loading cargo from Indonesia bound for Europe.· Cargo loads from South Korea at end-April 2024 bound for US Gulf coast, set to arrive in early June 2024.· Volume of cargoes from South Korea set to reach US in May 2024 shows signs of falling from April 2024.· Cargo set to reach India in early May 2024 after loading from Middle East in late Apr 2024.· Cargo loads from Saudi Arabia in late April 2024 before heading to UAE via Red Sea; set to arrive around mid-May 2024.· Cargo loads from Saudi Arabia in H2 April 2024 before heading to Europe; set to arrive in coming week.· Cargo loads from Saudi Arabia around mid-April 2024 before heading to US; set to arrive around mid-May 2024.· Most of the April-loading cargoes from Saudi Arabia head via Suez Canal to markets like Egypt, Europe and US.· Large cargo of Group III base oils loads from UAE in past week before heading to India, set to arrive this week.· Cargo loads from Qatar around mid-March 2024, set to reach Europe in coming week.· Cargo of Group III base oils from Bahrain set to reach US Gulf coast this week.· Cargo of Group III base oils from Bahrain set to reach Europe this week.· Cargo of Group III base oils loads from Bahrain in H2 March 2024, set to reach Europe in H1 May 2024.· Cargo loads from northwest Europe in late-April 2024 before heading to Nigeria; set to arrive around mid-May 2024.· Cargo loads from US Gulf coast in mid-April 2024 before heading to Turkey, set to arrive in H1 May 2024.· Cargo loads from US Gulf coast in H2 April 2024 before heading towards South Africa; set to arrive around mid-May 2024.· Large cargo from US Gulf coast set to reach India in H1 May 2024.· Cargo, likely of Group I base oils, loads from US in H2 March 2024 before heading to Europe; set to arrive this week..Global base oils arb outlook: Week of 29 April.Global base oils margins outlook: Week of 29 April.Asia base oils demand outlook: Week of 29 April.Asia base oils supply outlook: Week of 29 April
