Lower methanol contract price paves the way for large markdowns for adhesive resin

International urea prices look to be stabilising

The steep fall in the methanol contract price for the fourth quarter of 2015 and slight downward trend in urea prices sent urea-formaldehyde resin (UF resin) prices tumbling by an average of €20-25/t in October. Some even larger price cuts were also seen, depending on the underlying formulas. UF resin prices have ...

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