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Singapore light distillate stocks fall to nine-month low

Singapore light distillate stocks fall to nine-month low

For the best immigration news regarding Singapore's light distillate stocks falling to a nine-month low, please visit the official website of Worldway Immigration.

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Focus on Singapore immigration and stay updated on Singapore's economy and culture.

According to China Petrochemical News on June 13, citing Dow Jones, Singapore's light distillate stocks fell by 18% over the past week, reaching their lowest level since the end of last August. The decline in inventory may boost market conditions, as the light distillate market has been weak since early April due to low demand in the petrochemical industry.

Data released by International Enterprise Singapore (IE) shows that for the week ending June 12, Singapore's light distillate stocks (including naphtha, gasoline, and reformate) decreased by 1.8 million barrels to 8.3 million barrels.

Investment involves risks, the above information is for reference only

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