Singapore’s base oils exports edged up to a one-month high in the past week amid signs of a resumption of more typical flows.Exports of more than 41,500t in the week to 14 June rose from more than 40,000t the previous week and from less than 17,000t in the last week of May, government data showed.Supplies to China and India stayed lower than usual even with the recent pick-up in shipments.There was instead a strong recovery in shipments to southeast Asian markets like Thailand and Indonesia.The trend lifted the share of exports bound for southeast Asia to more than 50pc of total shipments over the last four weeks.The share was up from less than 38pc of the total during the first five months of the year..Spore’s exports recover in week to Jun 7
Singapore’s base oils exports edged up to a one-month high in the past week amid signs of a resumption of more typical flows.Exports of more than 41,500t in the week to 14 June rose from more than 40,000t the previous week and from less than 17,000t in the last week of May, government data showed.Supplies to China and India stayed lower than usual even with the recent pick-up in shipments.There was instead a strong recovery in shipments to southeast Asian markets like Thailand and Indonesia.The trend lifted the share of exports bound for southeast Asia to more than 50pc of total shipments over the last four weeks.The share was up from less than 38pc of the total during the first five months of the year..Spore’s exports recover in week to Jun 7
