SAN JOSE, CALIFORNIA (Commodity Online): Near term
prospects for polyvinyl chloride (PVC) remains depressed on weak
construction sector demand amidst mounting debt crisis in Europe and
slow recovery in North America. However, Indian PVC industry is expected
grow stronger on steady increase in demand stimulated by the growth in
infrastructure and packaging sectors, according to a new report titled
"Polyvinyl Chloride (PVC): A Global Strategic Business Report" released
by Global Industry Analysts, Inc (GIA). SEE MORE State-owned PetroVietnam's upstream arm, PVEP, plans to invest $16.5
billion in upstream oil and gas operations in 2011-15, PVEP's director
general Do Van Khanh said Monday. SEE MORE HA NOI — Electricity prices may rise by between 5
and 10 per cent, if a proposal by the country's power provider
Electricity of Viet Nam (EVN) is approved. SEE MORE Options traders are the least bearish
on Asian currencies versus the dollar in a year as confidence
builds that China will avoid a so-called hard landing, helping
lure funds as Europe’s debt crisis deepens. SEE MORE East Asian nations announced Thursday they have doubled the money in a
regional currency swap pact to $240 billion in an effort to shield
themselves from the European debt crisis. SEE MORE