A downturn in adhesive and impregnating resin prices still playing out in Q3

Manufacturers expect stable raw material costs over the summer

A minor downward trend in urea prices that persisted in June 2020 and a renewed reduction in contract prices for methanol and raw melamine have sent adhesive and impregnating resin prices lower again in July. Urea prices fell by another €6-10/t in June after already sliding by €8-10 in April and €18-20/t in May. ...

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