Singapore’s base oils imports stayed low in July, with a larger-than-usual share of the supplies originating from northeast Asia.Total imports of 55,670t in July rose from 52,580t the previous month, government data showed.The volume was down from more than 62,000 t/month in the year to May and from close to 80,000 t/month in 2021.Imports got a boost from a steady flow of shipments from Japan and China.Imports of more than 22,500t from Japan in July were the highest in three months. Supplies from China were the highest in four months.The steady flows countered a slump in shipments from the Mideast Gulf to a five-month low of less than 300t. Imports from that region had averaged more than 13,000 t/month during the previous four months..Singapore’s July base oils exports fall
Singapore’s base oils imports stayed low in July, with a larger-than-usual share of the supplies originating from northeast Asia.Total imports of 55,670t in July rose from 52,580t the previous month, government data showed.The volume was down from more than 62,000 t/month in the year to May and from close to 80,000 t/month in 2021.Imports got a boost from a steady flow of shipments from Japan and China.Imports of more than 22,500t from Japan in July were the highest in three months. Supplies from China were the highest in four months.The steady flows countered a slump in shipments from the Mideast Gulf to a five-month low of less than 300t. Imports from that region had averaged more than 13,000 t/month during the previous four months..Singapore’s July base oils exports fall
