SINGAPORE’S PETROCHEMICAL SECTOR DROPS IN DEMAND, OUTPUT DOWN BY 29%

Highlights:

• Increased COVID-19 cases and new regulations imposed on imports continue to cause supply chain delays and disruptions for manufacturers in almost every industry.
• The petrochemical sector in Singapore is more likely to suffer from a drop in demand rather than its supply.

The rapid spread of the deadly coronavirus, now called the COVID-19, has not arrive....