Diverging trends for upstream products to make resins

Downward trend in resin prices will at least slow in April

While urea and melamine prices have continued to decrease in recent weeks due to falling natural gas prices, the European methanol contract price is expected to rise slightly in the second quarter of 2023. Converters still want to hold on to the first quarter’s price of €478/t FOB Rotterdam in current talks; supplie...

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