· Singapore’s shipments to overseas markets stay unusually low in week to 3 May for second week, pointing to factors such as plant maintenance work.
· Singapore exports almost no base oils to India last week, extending sharp slowdown in shipments to the country.
· Singapore takes delivery of large cargo from Qatar in week to 3 May, adding to rebound in supplies from 2H April.
· Singapore sees pause in shipments from Japan for second week in week to 3 May – following wave of imports during previous month.
· Taiwan’s shipments rise in past week, with supplies mostly moving to southeast Asia.
· Most of the volume bound for southeast Asia consists of Group II light grades.
· Cargo of South Korea origin, likely of Group II base oils, set to reach US West coast this week.
· Several large cargoes of South Korean origin, likely of Group III base oils, reach US in recent days.
· Cargo of premium grades from Malaysia likely to reach Europe in 2H May.
· Cargo of premium grades loads from UAE at start of this week; destination unclear.
· Cargo of premium grades from UAE loads last week, likely bound for China.
· Cargo of premium grades from UAE loads at end-April, set to reach northern Europe in 2H May.
· Cargo of premium grades from UAE set to reach US Gulf coast in coming week.
· Cargo of premium grades from Bahrain set to reach US East Coast in coming week.
· Large cargo, likely of very-light grades, loads from Spain at end-April, likely to reach India in 2H May.
· Cargo of Group II base oils of US origin set to reach India in mid-May.
· Large cargo from US reaches Nigeria in recent days.
· Large cargo from Saudi Arabia set to reach India in coming days.
