Singapore middle distillates stocks fall for first time in a month - data

By Trixie Sher Li Yap SINGAPORE, April 6 (Reuters) - Stocks of middle distillates stored at key trading hub Singapore fell for the first time in a month as net export volumes rose for gasoil, official data showed on Thursday. Gasoil and jet fuel/kerosene inventories at onshore storage facilities were at 9.009 million barrels (1.209 million tonnes) in the week of April 5, according to the data from Enterprise Singapore. The drop came in line with a 23% increase in net export volumes for gasoil. On the gasoil front, exports were mostly heading to the Philippines, Myanmar and Australia. Import volumes from Russia was one of the key contributors to total imports rising by around 41% week on week, with 46,000 tonnes of material coming into Singapore. Refinitiv and Vortexa shiptracking data show that it likely came from Nakhodka port, but the exact charterer for the cargo could not be confirmed. The pace of the inventory draw down was slowed down by a fall in net export volumes for jet fuel/kerosene. Jet fuel/kerosene import volumes surpassed export volumes, with at least 36,000 tonnes of imports from South Korea in the week contributing to it. "The (Asian) region continues to lag the rest of the world in terms of aviation demand, and this will continue to cap jet fuel demand growth," said Refinitiv Oil Research. Exports for jet fuel/kerosene were headed for Vietnam, Fiji and Australia. Apr 5, Gasoil (in Total Total Net tonnes) imports exports exports AUSTRALIA 0 40682.501 40682.501 CAMBODIA 0 21373.511 21373.511 CHINA 37878.7463 0 -37878.74 63 FINLAND 0.002 0 -0.002 FRANCE 0.0022 0 -0.0022 GUAM 0.0012 0 -0.0012 HONG KONG 0 25747.013 25747.013 INDIA 0.016 0 -0.016 INDONESIA 0 4195.965 4195.965 ITALY 0.004 0 -0.004 JAPAN 0.0042 0 -0.0042 KOREA, REP OF 22114.19 0 -22114.19 MALAYSIA 26341.285 21341.207 -5000.078 MYANMAR 0 41844.214 41844.214 PAPUA NEW GUINEA 0 30529.095 30529.095 PHILIPPINES 0.003 64619.847 64619.844 RUSSIA 46313.124 0 -46313.12 4 SEYCHELLES 0 26483.351 26483.351 SOLOMON ISLANDS 0 909.708 909.708 THAILAND 0 14060.995 14060.995 UNITED ARAB 0.021 0 -0.021 EMIRATES UNITED STATES 1 28682.544 28681.544 TOTAL 147646.3959 377343.729 229697.33 31 WoW % change 40.66679173 29.57354324 23.322172 95 Apr 5, Jet fuel/kerosene Total Total Net (in tonnes) imports exports exports AUSTRALIA 0 5995.4449 5995.4449 CANADA 0.285 0 -0.285 FIJI 0 7297.624 7297.624 FRANCE 14.9359 0 -14.9359 GERMANY 0.0106 0 -0.0106 INDONESIA 0 0.1 0.1 KOREA, REP OF 36703.64 0 -36703.64 MALAYSIA 0 3.1693 3.1693 MAURITIUS 0 0.328 0.328 NEW CALEDONIA 0 999.381 999.381 NEW ZEALAND 0 5751.838 5751.838 PHILIPPINES 0 1064.226 1064.226 QATAR 0 0.678 0.678 THAILAND 0 0.011 0.011 VIET NAM 0 10375.496 10375.496 UNITED STATES 0.01 0 -0.01 TOTAL 36722.4724 31488.2962 -5234.176 2 WoW % change 513.599627 -16.1730567 -116.5750 2 243 (Reporting by Trixie Yap; Editing by Rashmi Aich)