Singapore July petrochemical exports fall 4.2%, NODX slows to 7.0%
SINGAPORE (ICIS)–Singapore’s petrochemical exports fell by 4.2% year on year in July to Singapore dollar (S$) 1.4bn, the first contraction in four months, weighing on overall non-oil domestic exports (NODX), official data showed on Wednesday.
The country’s NODX fell to 7.0% year on year to S$17.8bn in July, slowing from the 8.5% expansion in June this year, Enterprise Singapore data showed.
Speak with ICIS
Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. Access to expert insights on the latest industry developments and tracking market changes are vital in making sustainable business decisions.
Want to learn about how we can work together to bring you actionable insight and support your business decisions?