Singapore’s non-oil, domestic exports fell 7.9% in April according to government data. Reuters reports that this includes a 7.9% fall in container volumes in the first 4 months of the year. This trend may be accelerating – Panjiva data indicates a 11.6% decline in U.S.-bound, seaborne shipments in April vs. a year ago. The Port … Continue reading “Singapore Container-based Exports Fall 7.9%, Trend May Accelerate”...
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