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Total merchandise trade dips amid crude oil glut

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Published Tue, May 26, 2015 · 09:50 PM

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    Singapore

    SINGAPORE'S total merchandise trade took a steeper dive in the first three months of the year, as the crude oil glut continued to grow.

    Figures from International Enterprise (IE) Singapore indicated that total merchandise trade tumbled 10.5 per cent to S$220.05 billion in Q1, extending the 4.8 per cent drop in the preceding quarter.

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