Singapore’s base oils exports fell to a two-month low in the past week even as shipments to China held firm.Total exports of around 24,000t in the week to October 25 fell from more than 55,000t in each of the previous two weeks, government data showed.Exports averaged around 167,000t over the last four weeks, close to more typical monthly levels so far this year.The slowdown in exports contrasted with an extended pick-up in shipments to China throughout this month.Shipments of more than 38,000t to China in the last four weeks rebounded from exports of less than 20,000t to the country in September.The rise in exports to China coincided with a sustained rebound in Singapore’s base oils imports from China in recent weeks.Imports of more than 12,000t from China in the last four weeks rebounded to the highest since the beginning of last month.Imports from China fell in the interim to less than 5,000t in the month of September..Spore exports stay high in week to Oct 18.Spore’s exports rise in week to Oct 11.Spore’s exports fall in week to Oct 4
Singapore’s base oils exports fell to a two-month low in the past week even as shipments to China held firm.Total exports of around 24,000t in the week to October 25 fell from more than 55,000t in each of the previous two weeks, government data showed.Exports averaged around 167,000t over the last four weeks, close to more typical monthly levels so far this year.The slowdown in exports contrasted with an extended pick-up in shipments to China throughout this month.Shipments of more than 38,000t to China in the last four weeks rebounded from exports of less than 20,000t to the country in September.The rise in exports to China coincided with a sustained rebound in Singapore’s base oils imports from China in recent weeks.Imports of more than 12,000t from China in the last four weeks rebounded to the highest since the beginning of last month.Imports from China fell in the interim to less than 5,000t in the month of September..Spore exports stay high in week to Oct 18.Spore’s exports rise in week to Oct 11.Spore’s exports fall in week to Oct 4
