UF resin prices recede again after a substantial hike in October

Sharp decline in natural gas costs trickling down to urea prices

A big fall in natural gas prices in September and October 2022 and resulting adjustments to European urea prices have paved the way for major adjustments in prices for urea-formaldehyde (UF) resins in recent weeks. A few resin producers had tacked on up to €300/t for deliveries in the first half of September in resp...

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