NEW DELHI, Jan 21 (Reuters) - Asia"s cash premiums for 10 ppm gasoil rose for a second straight day on Friday on hopes of robust demand after European stocks dropped by 8%. Cash premiums for gasoil with 10 ppm sulphur content rose to $1.14 a barrel to Singapore quotes, compared with $1.10 in the previous session. Gasoil stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage area declined to 1.686 million tonnes in the week to Thursday, from 1.830 million tonnes the previous week, data from Dutch consultancy Insights Global showed. The inventories were well below the five-year average for this time of year, which is about 2.475 million tonnes. SINGAPORE CASH DEALS O/AS - One gasoil deal, no jet fuel trades. OTHER NEWS - U.S. crude exports are ramping up because of increasing demand from Asia and Europe and recovering U.S. production from the lows of the COVID-19 pandemic. read more ASSESSMENTS MID-DISTILLATES CASH ($/T) ASIA CLOSE Change % Change Prev Close RIC Spot Gas Oil 0.5% 98.33 -1.09 -1.10 99.42 GO 0.5 Diff -0.83 0.15 -15.31 -0.98 Spot Gas Oil 0.25% 98.63 -1.21 -1.21 99.84 GO 0.25 Diff -0.53 0.03 -5.36 -0.56 Spot Gas Oil 0.05% 99.05 -1.05 -1.05 100.10 GO 0.05 Diff -0.11 0.19 -63.33 -0.30 Spot Gas Oil 0.001% 100.30 -1.20 -1.18 101.50 GO 0.001 Diff 1.14 0.04 3.64 1.10 Spot Jet/Kero 96.55 -1.47 -1.50 98.02 Jet/Kero Diff 0.69 -0.09 -11.54 0.78 For a list of derivatives prices, including margins, please double click the RICs below. Brent M1 Gasoil M1 Gasoil M1/M2 Gasoil M2 Regrade M1 Regrade M2 Jet M1 Jet M1/M2 Jet M2 Gasoil 500ppm-Dubai Cracks M1 Gasoil 500ppm-Dubai Cracks M2 Jet Cracks M1 Jet Cracks M2 East-West M1 East-West M2 LGO M1 LGO M1/M2 LGO M2 Crack LGO-Brent M1 Crack LGO-Brent M2