Singapore’s Oct chems output slip by 0.8%, overall production down 0.9%

Nurluqman Suratman

26-Nov-2020

SINGAPORE (ICIS)–Singapore’s chemicals output fell by 0.8% year on year in October on the back of plant maintenance shutdowns and lower export orders amid the coronavirus pandemic, official data showed on Thursday.

Within the chemicals cluster, the petrochemicals and specialties segments recorded output growth of 3.3% and 11.8%, respectively, with the latter recording higher production in industrial gases and additives, the Economic Development Board (EDB) said in a statement.

In the first 10 months of this year, output of the chemicals cluster fell by 3.3% compared to the same period in 2019.

Singapore’s overall manufacturing output fell by 0.9% year on year in October. On a seasonally adjusted month-on-month basis, manufacturing output decreased by 19%.

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