Singapore’s base oils exports reverted to more typical levels over the past week, with shipments to southeast Asia extending their rise and shipments to China falling.Total exports of close to 41,000t in the week to July 19 fell from more than 60,500t the previous week, government data showed.Shipments were up from less than 7,000t in the first week of July and close to typical levels of around 39,000 t/week in the first six months of the year.The steady exports masked a sharper divergence in the destination of the supplies.Shipments of close to 74,000t to southeast Asia in the last four weeks combined were the largest volume so far this year.The pick-up in flows contrasted with a slowdown in shipments to China to less than 17,000t in the last four weeks combined..Singapore’s June base oils exports rise
Singapore’s base oils exports reverted to more typical levels over the past week, with shipments to southeast Asia extending their rise and shipments to China falling.Total exports of close to 41,000t in the week to July 19 fell from more than 60,500t the previous week, government data showed.Shipments were up from less than 7,000t in the first week of July and close to typical levels of around 39,000 t/week in the first six months of the year.The steady exports masked a sharper divergence in the destination of the supplies.Shipments of close to 74,000t to southeast Asia in the last four weeks combined were the largest volume so far this year.The pick-up in flows contrasted with a slowdown in shipments to China to less than 17,000t in the last four weeks combined..Singapore’s June base oils exports rise
