Singapore’s base oils exports slumped in the week to May 31 to their lowest in more than a year.A more prolonged extension of the fall in shipments would suggest the impact of factors like plant maintenance work.The island-state’s total exports came to little more than 16,500t in the week to May 31, government data showed.The volume fell from more than 34,000t in each of the previous three weeks to the lowest in at least 15 months.There were almost no exports to China during the week for the first time in more than a year.Most of the supplies moved instead to outlets in southeast Asia.Singapore’s exports of 149,000t in the four weeks to end-May were still higher than total shipments of 142,600t in April..Singapore’s April base oils exports fall
Singapore’s base oils exports slumped in the week to May 31 to their lowest in more than a year.A more prolonged extension of the fall in shipments would suggest the impact of factors like plant maintenance work.The island-state’s total exports came to little more than 16,500t in the week to May 31, government data showed.The volume fell from more than 34,000t in each of the previous three weeks to the lowest in at least 15 months.There were almost no exports to China during the week for the first time in more than a year.Most of the supplies moved instead to outlets in southeast Asia.Singapore’s exports of 149,000t in the four weeks to end-May were still higher than total shipments of 142,600t in April..Singapore’s April base oils exports fall