Singapore’s July exports of bitumen down 6.58% at 192,748 tonnes

16 August 2013 07:46  [Source: ICIS news]

SINGAPORE (ICIS)--Singapore’s exports of bitumen fell by 6.58% year on year to 192,748 tonnes in July this year as shipments to China and Indonesia slumped, official data showed on Friday.

The city-state’s exports of bitumen to China fell by 25.9% year on year to 60,632 tonnes in July, according to data from International Enterprise (IE) Singapore.

Its exports of bitumen to Indonesia, meanwhile, fell by 42.8% year on year to 58,228 tonnes in July, the data showed.

For the first seven months of this year, Singapore’s overall exports of bitumen fell by 16.3% year on year to 1.17m tonnes, according to IE Singapore.

Singapore’s overall petrochemical exports rose by 21.8% year on year to Singapore dollar (S$) 1.35bn ($1.06bn) in July this year, amid a drop in non-oil domestic exports (NODX).

($1 = S$1.27)

By: Nurluqman Suratman

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