SINGAPORE (ICIS)--Asia’s butadiene (BD)
prices may continue to fall, with supply being bloated by high run rates
at regional crackers amid shrinking demand from downstream synthetic
rubber sector, industry sources said on Tuesday. SEE MORE Gold rose the most in a week after
data showed China’s inflation accelerated more than estimated in
June, boosting demand for the precious metal as a hedge. SEE MORE VietNamNet Bridge – The State Bank of Vietnam puts high hopes on
the one percent depreciation of the local currency it made in late June.
However, economists believe that one should not be too optimistic about
the move. SEE MORE Gold fell for a second day to trim
the first weekly advance in three before U.S. jobs data that may
add to signs the economy is improving, fueling speculation the Federal Reserve will scale back monetary stimulus. SEE MORE Vietnam’s economic growth accelerated in
the second quarter after the central bank cut interest rates to revive
lending to businesses and rising foreign investment boosted the nation’s
exports. SEE MORE