Another turnaround in urea costs pushed UF resin prices higher in June

Most insiders expect methanol contract price to stay the same

Urea-formaldehyde resin (UF resin) prices dipped slightly in March, April and May, before recovering in June. A variety of resin producers and users in the wood-based panel industry think that additional price hikes are on the cards for July. Based on the current trend in raw material prices, these mark-ups will be a ...

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