Delfi, a Singapore-listed manufacturer, faces sales uncertainty and cost pressures due to Middle East conflict, peso depreciation, and El Niño.
1 report, 1 independent
Updated Nov 1
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What happened
Delfi, a Singapore-listed manufacturer, faces sales uncertainty and cost pressures due to Middle East conflict, peso depreciation, and El Niño.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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Singapore
sovereign island country and city-state in maritime Southeast Asia
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Indonesia
island country in Southeast Asia and Oceania
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Philippines
archipelagic country in Southeast Asia
Related events
- Middle East tensions and adverse weather conditions are raising input costs and supply chain risks for Singapore.
- Global inflation and supply chain risks are driven by conflicts in the Middle East and Europe, alongside climate threats like El Niño.
- Conflict reduces global petroleum demand and constrains consumption, according to Kpler's demand forecasts.
- Indonesia is actively seeking ways to offset economic disruptions caused by the ongoing situation in the Middle East.
- Indonesia's output is expected to push the global market into surplus while war in the Middle East disrupts regional shipments.