Singapore’s weekly base oils exports rebounded, more than countering the fall in last week’s shipments.The volatility of weekly exports was unusual and the reason for the volatility unclear.Base oils exports rose to more than 104,000t in the week to Aug 16, government data showed. The weekly volume was the highest in more than a year.Exports rose from less than 9,000t the previous week. That volume had been the second lowest in more than a year.This week’s rebound in shipments more than compensated for last week's low level.It lifted average weekly exports to more than 55,000t over the last two weeks, up from typical weekly shipments of around 37,000t since the start of the year.The surge in shipments lifted weekly exports to southeast Asia to their highest in more than a year.Exports of more than 33,000t to China over the last four weeks rose to the highest in more than two months. Exports of around 24,000t to India over the last four weeks remained lower than usual..Spore’s exports fall in week to Aug 9
