Singapore’s weekly base oils exports rose over the past week to a one-month high on the back of steady flows to China and a rebound in shipments to southeast Asia.Base oils exports rose to close to 48,000t in the week to November 15, government data showed. The volume rose from less than 35,000t the previous week.Even with the pick-up in shipments, exports of around 120,000t over the last four weeks fell from close to 130,000t the previous week to a three-month low.Exports to southeast Asia rebounded to more than 30,000t in the past week, from less than 13,000t in each of the previous three weeks.The higher volumes lifted total exports to the region more than 60,000t over the past four weeks, or more than half of Singapore’s total exports during that period.The share is typically closer to 40pc of the total.Exports to China held steady at lower levels.Exports to India stayed even lower.Singapore’s base oils imports over the past week got a boost from the arrival of a large shipment from Qatar.A pause in shipments from Japan extended into a third week..Spore’s exports rise in week to Nov 8.Spore’s exports fall in week to Nov 1.Spore’s exports fall in week to Oct 25
Singapore’s weekly base oils exports rose over the past week to a one-month high on the back of steady flows to China and a rebound in shipments to southeast Asia.Base oils exports rose to close to 48,000t in the week to November 15, government data showed. The volume rose from less than 35,000t the previous week.Even with the pick-up in shipments, exports of around 120,000t over the last four weeks fell from close to 130,000t the previous week to a three-month low.Exports to southeast Asia rebounded to more than 30,000t in the past week, from less than 13,000t in each of the previous three weeks.The higher volumes lifted total exports to the region more than 60,000t over the past four weeks, or more than half of Singapore’s total exports during that period.The share is typically closer to 40pc of the total.Exports to China held steady at lower levels.Exports to India stayed even lower.Singapore’s base oils imports over the past week got a boost from the arrival of a large shipment from Qatar.A pause in shipments from Japan extended into a third week..Spore’s exports rise in week to Nov 8.Spore’s exports fall in week to Nov 1.Spore’s exports fall in week to Oct 25
