China’s synthetic rubber market is expected to face tight supply in the first quarter of 2020 amid a slew of turnarounds for butadiene (BD) units in Asia. SEE MORE The Vietnamese dong (VND) would average just slightly weaker by around 1 percent to VND23,475/USD in 2020 due mainly to an predicted decrease in foreign direct investment (FDI) inflows and higher imports. SEE MORE Many problems arose in the last months of 2019, which sparked the worry that 2020 would be a tough year for Vietnam’s economy. SEE MORE The dong remained fairly stable against the U.S. dollar in 2019, contrary to the forecast that it would shed its value by 2-3%. That strength of the dong was ascribable to the economy’s stiffened resistance, and is expected to extend to 2020. Yet fluctuations in the world economy, if any, may still exert a negative impact on the local currency. SEE MORE
