India diesel exports to Singapore set for highs in Aug, drop for Europe -trade | |
India’s diesel exports to Singapore are set to hit a 19-month high in August and exceed 330,000 metric tons, boosted by cheaper freight costs and low inventories in the Asian oil hub, traders and analysts said. The country’s exports of the fuel for August to Europe, on the other hand, are poised to fall to their lowest this year, according to one shiptracker, as shipments to the east are more profitable, but that situation may not last. The rise in Indian diesel exports to Singapore will compensate partially for lower exports from refiners in northeast Asia including China, and the increased availability will therefore cap strong refining margins in Asia. Conversely, European refiners’ margins will be supported by the lower imports from the South Asian nation. Get More Info : https://www.seaandjob.com/india-diesel-exports-to-singapore-set-for-highs-in-aug-drop-for-europe-trade/ SEA LINE GROUP DILKAP CENTRE, 501, SAKINAKA - KURLA ROAD, NEXT TO AAKRUTI RESIDENCY, SAKINAKA, ANDHERI (EAST),MUMBAI-400072 Tel : +91-22-28505051 / 28505052 / 8655075186 / 8655012282 Email : roni@seajob.net URL : www.seajob.net | |
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| Target State: All States Target City : MUMBAI Last Update : Aug 25, 2023 3:53 AM Number of Views: 36 | Item Owner : Roni Abraham Contact Email: Contact Phone: +91-22-28505051 |
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