Singapore Bitumen:
Singapore Bitumen Supplier: Singapore is one of the Southeast Asian countries which has specific production, export, import, and consumption.
Even though it has its refineries for producing bitumen, it imports bitumen from other countries. Therefore, Infinity Galaxy can be introduced you as a Singapore bitumen supplier.
Read the article below to find out more about this company.
Singapore Bitumen Price:
Bitumen 60/70 FOB Singapore, HSFO 180 CST FOB Singapore, and HSFO 380 CST FOB Singapore are the most usable grades of bitumen in this country.
Infinity Galaxy, a Singapore bitumen supplier, gives you a daily report of their price on its related sites. Now, here in the diagram, we gathered the data from recent months, including October, November, and the begging days of December 2022.
Singapore Refineries:
Singapore contains three refineries for producing bitumen. To achieve this goal, these refineries need crude oil in the first step. Moreover, this crude oil mainly comes from UAE (United Arab Emirates), but there are other countries where Singapore can import it, for instance: Qatar, Saudi Arabia, and the US.
The names of these refineries are mentioned below:
- ExxonMobil’s Singapore refinery
- Shell refinery
- Singapore Refining Company or SRC
To add more, the first one can provide about 42% of production, the second one provides about 35%, and the last includes 23% of Singapore bitumen production.
Although Singapore owns three refineries, it has begun to import bitumen from other ports, such as the US, South Korea, and the Middle East.
Singapore Bitumen Supplier:
As the demand increases, the need for production can increase too. However, sometimes, the production is kept at that low level to increase prices.
In 2020, the demand from countries like Malaysia, Vietnam, and Indonesia went up. Hence, this caused to increase in contracts for FOB Singapore for loading in Vietnam.
Accordingly, Infinity Galaxy can play an essential role in supplying bitumen in Singapore. In the following text, you can read more about this company.
Infinity Galaxy:
Infinity Galaxy is a company in the Middle East that supplies bitumen and petrochemical products. The critical point is customers’ trust in this company. Because its price is more reasonable and economical in comparison with other companies in east Asia, such as Singapore.
The significant features of Infinity Galaxy are high quality of the cargo, reliable shipping lines, on-time delivery, fast response, specific documents of products, and honest performance.
All in all, our professional team is ready to answer all your questions about the bitumen price in your target area. Just push the bottom below to contact us as soon as possible.