Singapore’s base oils exports to southeast Asia climbed in August to the highest in more than six years, adding to a sustained rise in shipments to the region.Exports of 83,800t to southeast Asia in August rose from an already-high 77,600t the previous month, government data showed.The volume rose by 25pc and for the sixth time in seven months from year-earlier levels.Rising exports to Indonesia were a key factor behind the rise in shipments to the region this year.Exports to southeast Asia rose in August even with a drop in shipments to Indonesia.Shipments instead got a boost from a rise in shipments to Thailand and Bangladesh.Singapore’s base oils shipments to India rose slightly to 26,400t in August even as the island-state’s total exports surged.Its exports to southeast Asia in August exceeded total shipments to China and India combined for a fourth straight month..Singapore’s Aug base oils exports to China rise
Singapore’s base oils exports to southeast Asia climbed in August to the highest in more than six years, adding to a sustained rise in shipments to the region.Exports of 83,800t to southeast Asia in August rose from an already-high 77,600t the previous month, government data showed.The volume rose by 25pc and for the sixth time in seven months from year-earlier levels.Rising exports to Indonesia were a key factor behind the rise in shipments to the region this year.Exports to southeast Asia rose in August even with a drop in shipments to Indonesia.Shipments instead got a boost from a rise in shipments to Thailand and Bangladesh.Singapore’s base oils shipments to India rose slightly to 26,400t in August even as the island-state’s total exports surged.Its exports to southeast Asia in August exceeded total shipments to China and India combined for a fourth straight month..Singapore’s Aug base oils exports to China rise
