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It’s not easy for the US and European countries to make PVC markets better.
It is believed that the global PVC market may rebound in 2010.But according to the latest mews from a credit-rating agency named Fitch Ratings that it’s not easy for to PVC industry to get better immediately. Fitch Ratings also notes that it seems that it will not be easy to put an end to the turmoil of PVC markets due to the fragile state of the world economy and difficulties to guarantee the credit, and it also predicts that the average income of European construction corporations may fall 5%~10% by the end of 2011, for nearly half of the European PVC may be applied in construction industry. Meanwhile, up to now there is no signs of recovery for the PVC market and the impact of the credit crisis may not yet end in the US.



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Time:2010-3-11 15:19:25 | Read 1283 times | Print | Close