· Several Group II cargoes load from Taiwan in past week, mostly bound for China.· Total cargo-loadings from Taiwan in March 2025 stay much lower than in Feb 2025.· Singapore takes delivery in past week of large cargo from Netherlands.· Shipment is second from Netherlands to reach Singapore in March 2025.· South Korea’s base oils export cargo volumes show signs of holding firm in March 2025.· Cargo of Group III base oils loads from Bahrain in H1 March before heading to southeast Asia, set to arrive in early April 2025.· Cargo loads from Saudi Arabia in H1 March 2025 before heading to India, arrives at start of this week.· Large cargo loads from Saudi Arabia at end-March 2025.· Size of shipment suggests it is likely to head to Middle East and/or India.· Cargo loads from Qatar in late-March 2025 before heading to India, set to arrive in early April 2025.· Cargo loads from northwest Europe in late-March 2025 before heading to Nigeria, set to arrive in H1 Apr 2025.· Cargo loads from northwest Europe in H1 March 2025 before heading to South Africa, set to arrive in coming week.· Cargo loads from US Gulf coast at end-Feb 2025 before heading to India, set to arrive in coming week.· Group I export cargoes from Argentina show signs of pausing in March 2025 for first time in several months..Global base oils margins outlook: Week of 31 March.Global base oils arb outlook: Week of 31 March.Asia base oils demand outlook: Week of 31 March.Asia base oils supply outlook: Week of 31 March
· Several Group II cargoes load from Taiwan in past week, mostly bound for China.· Total cargo-loadings from Taiwan in March 2025 stay much lower than in Feb 2025.· Singapore takes delivery in past week of large cargo from Netherlands.· Shipment is second from Netherlands to reach Singapore in March 2025.· South Korea’s base oils export cargo volumes show signs of holding firm in March 2025.· Cargo of Group III base oils loads from Bahrain in H1 March before heading to southeast Asia, set to arrive in early April 2025.· Cargo loads from Saudi Arabia in H1 March 2025 before heading to India, arrives at start of this week.· Large cargo loads from Saudi Arabia at end-March 2025.· Size of shipment suggests it is likely to head to Middle East and/or India.· Cargo loads from Qatar in late-March 2025 before heading to India, set to arrive in early April 2025.· Cargo loads from northwest Europe in late-March 2025 before heading to Nigeria, set to arrive in H1 Apr 2025.· Cargo loads from northwest Europe in H1 March 2025 before heading to South Africa, set to arrive in coming week.· Cargo loads from US Gulf coast at end-Feb 2025 before heading to India, set to arrive in coming week.· Group I export cargoes from Argentina show signs of pausing in March 2025 for first time in several months..Global base oils margins outlook: Week of 31 March.Global base oils arb outlook: Week of 31 March.Asia base oils demand outlook: Week of 31 March.Asia base oils supply outlook: Week of 31 March
