Slump in methanol prices poised to trigger additional markdowns for UF resin in April

Demand for adhesive and impregnating resins has slowed a little

The latest drop in the European methanol contract price will lead to another round of adjustments in prices for urea-formaldehyde (UF) resins in April. The anticipated sharp decreases in methanol prices might also prompt price reductions for melamine-reinforced resins and melamine-impregnating resins again. Underlying ...

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