SINGAPORE (ICIS)--Offers for styrene monomer (SM) in Asia
breached $1,450/tonne (€1,160/tonne) this week, representing a 17%
increase from early June, because of tight availability of prompt
cargoes, market sources said on Thursday. SEE MORE Chemtex International Inc. received a conditional USDA loan guarantee
to build a 20 MMgy cellulosic ethanol facility in eastern North
Carolina’s Sampson County. Project Alpha is planning to use energy
grasses as feedstock, with an estimated 30,000 acres of production
needed to supply the facility. SEE MORE (VOV) - Domestic gold prices rose sharply to VND43.8 million/tael on August 21. SEE MORE Gold speculation is popular in the country, namely in Ho Chi Minh which
accounts for nearly 76% of the national total. Banks mobilise capital in
the public’s gold to sell for Dong in order to settle liquidity
problems. SEE MORE VietNamNet Bridge – International observers highly appreciate the inflation
decrease in Vietnam, but keeps cautious with their predictions about the growth
prospect and repeatedly express their worries about the bank bad debts. SEE MORE