Rising costs for all relevant upstream products in the first quarter of 2021 have sent adhesive and impregnating resin prices much higher amidst persistently strong demand. Just before Christmas, the European methanol contract price for the first quarter was raised by €132 or around 50% to €395/t FOB Rotterdam. ...
Upturn in adhesive and impregnating resin prices intensified during the first quarter
Substantial hikes in methanol, urea and melamine costs
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