Singapore’s base oils exports recovered to more typical levels in the past week, with a rise in flows to Indonesia countering an ongoing slowdown in shipments to China.Base oils exports of close to 35,000t in the week to August 2 rose from around 24,000t the previous week, Enterprise Singapore data showed.The volume was closer to typical levels of around 38,000 t/week so far this year.The steadier volumes masked a change in trade flows.Exports of more than 43,000t to Indonesia in the past four weeks were the highest four-week volume in years.Exports of close to 24,000t to China in the past four weeks extended a slowdown since end-June.The lower volume was down from average four-week levels of more than 42,000t since the start of the year..Singapore’s June base oils exports rise
Singapore’s base oils exports recovered to more typical levels in the past week, with a rise in flows to Indonesia countering an ongoing slowdown in shipments to China.Base oils exports of close to 35,000t in the week to August 2 rose from around 24,000t the previous week, Enterprise Singapore data showed.The volume was closer to typical levels of around 38,000 t/week so far this year.The steadier volumes masked a change in trade flows.Exports of more than 43,000t to Indonesia in the past four weeks were the highest four-week volume in years.Exports of close to 24,000t to China in the past four weeks extended a slowdown since end-June.The lower volume was down from average four-week levels of more than 42,000t since the start of the year..Singapore’s June base oils exports rise
