· Singapore takes delivery over past week of another large cargo from Netherlands.· Shipment is fourth in less than two months.· Shipment arrives ahead of scheduled plant maintenance work in Singapore.· Shipments remove large volume of supplies from Netherlands.· Taiwan’s base oils exports in 1-13 February rise vs 1H January; most of the shipments move to China.· Taiwan’s heavy-grade base oils account for most of the 1-13 February exports; most of January’s exports were light grades.· Some February-loading supplies from Taiwan could be bound for Mideast Gulf.· No base oils exports from Spain’s Cartagena so far in February.· Pause in shipments to Kenya extends to almost two months.· Large cargo of premium grades loads from UAE in early February, bound for Suez Canal – likely bound for Europe or US.· Cargo from Bahrain scheduled to reach US by week’s end.· Signs of slowdown in shipments from Bahrain so far in February.· Large cargo from Saudi Arabia expected to reach Tanzania early this week.· Large cargo loads from South Korea in early February, bound for Panama and then likely for US Gulf coast, where plant maintenance is taking place.· Wave of cargoes from US scheduled to reach northwest Europe in 1H February, following slowdown in January-arrival shipments.· Cargo from Spain/Italy scheduled to reach India early this week.· Cargo from Kaliningrad scheduled to reach Turkey this week..Global base oils - week of Feb 13: Supply outlook
· Singapore takes delivery over past week of another large cargo from Netherlands.· Shipment is fourth in less than two months.· Shipment arrives ahead of scheduled plant maintenance work in Singapore.· Shipments remove large volume of supplies from Netherlands.· Taiwan’s base oils exports in 1-13 February rise vs 1H January; most of the shipments move to China.· Taiwan’s heavy-grade base oils account for most of the 1-13 February exports; most of January’s exports were light grades.· Some February-loading supplies from Taiwan could be bound for Mideast Gulf.· No base oils exports from Spain’s Cartagena so far in February.· Pause in shipments to Kenya extends to almost two months.· Large cargo of premium grades loads from UAE in early February, bound for Suez Canal – likely bound for Europe or US.· Cargo from Bahrain scheduled to reach US by week’s end.· Signs of slowdown in shipments from Bahrain so far in February.· Large cargo from Saudi Arabia expected to reach Tanzania early this week.· Large cargo loads from South Korea in early February, bound for Panama and then likely for US Gulf coast, where plant maintenance is taking place.· Wave of cargoes from US scheduled to reach northwest Europe in 1H February, following slowdown in January-arrival shipments.· Cargo from Spain/Italy scheduled to reach India early this week.· Cargo from Kaliningrad scheduled to reach Turkey this week..Global base oils - week of Feb 13: Supply outlook
