Adhesive resin prices heading lower in December too as urea costs fall again

Downward spiral in raw material costs continuing in fourth quarter

Adhesive and impregnating resin prices softened again in November and December amidst a continued decline in raw material costs. The renewed reduction in methanol and melamine contract prices negotiated for the fourth quarter had trickled down to prices for urea-formaldehyde (UF) resins, melamine-reinforced resins and ...

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