Singapore’s base oils exports to China extended their slide over the last four weeks, contrasting with a surge in shipments to the country in March.Weekly exports to China surged for a month to mid-March. They reverted to more typical volumes over the following month.Exports of less than 20,000t to China in the four weeks to 12 April fell from shipments of more than 86,000t in the four weeks to mid-March, Singapore government data showed.Asia-Pacific refiners have continued to move large volumes of base oils to other markets besides China. The move curbed an over-reliance on China and tapped strong demand in those other markets..Spore’s base oils exports to India rise
Singapore’s base oils exports to China extended their slide over the last four weeks, contrasting with a surge in shipments to the country in March.Weekly exports to China surged for a month to mid-March. They reverted to more typical volumes over the following month.Exports of less than 20,000t to China in the four weeks to 12 April fell from shipments of more than 86,000t in the four weeks to mid-March, Singapore government data showed.Asia-Pacific refiners have continued to move large volumes of base oils to other markets besides China. The move curbed an over-reliance on China and tapped strong demand in those other markets..Spore’s base oils exports to India rise