Singapore’s base oils exports rebounded over the past week to a four-month high amid a pick-up in shipments to southeast Asia and India.Base oils exports rose to close to 67,000t in the week to December 13, government data showed.The volume rose from less than 25,000t the previous week to the highest since mid-August.Total exports of close to 158,000t over the past four weeks remained well below typical monthly volumes of around 170,000 t/month in the first ten months of the year.The rise in weekly exports followed a slowdown in shipments over the past month to southeast Asia and especially to India, combined with a rise in flows to China.Those trends reversed over the past week.Exports to India surged over the past week to the highest since August. Exports to southeast Asia rose to the highest in at least twenty months.Singapore’s base oils imports by contrast almost ground to a halt over the past week.Imports came to less than 300t over the past week and to less than 30,000t over the past four weeks combined.The volume was down from typical levels of more than 60,000 t/month so far this year..Spore’s exports fall in week to Dec 6.Spore’s exports fall in week to Nov 29
Singapore’s base oils exports rebounded over the past week to a four-month high amid a pick-up in shipments to southeast Asia and India.Base oils exports rose to close to 67,000t in the week to December 13, government data showed.The volume rose from less than 25,000t the previous week to the highest since mid-August.Total exports of close to 158,000t over the past four weeks remained well below typical monthly volumes of around 170,000 t/month in the first ten months of the year.The rise in weekly exports followed a slowdown in shipments over the past month to southeast Asia and especially to India, combined with a rise in flows to China.Those trends reversed over the past week.Exports to India surged over the past week to the highest since August. Exports to southeast Asia rose to the highest in at least twenty months.Singapore’s base oils imports by contrast almost ground to a halt over the past week.Imports came to less than 300t over the past week and to less than 30,000t over the past four weeks combined.The volume was down from typical levels of more than 60,000 t/month so far this year..Spore’s exports fall in week to Dec 6.Spore’s exports fall in week to Nov 29
