As the prices of phenol sprung $210/mt on the week at $1,410/mt on March 31, following the acute shortage of raw material & chemicals, Deepak Phenolics Ltd has suspended the production at its phenol and acetone plant in Dahej
Raw Material cost shot up once again sharply that is forcing the decorative laminate manufacturers to increase prices again with immediate effect.
Phenol prices have been reportedly strengthened after second fortnight of August month. Chemical suppliers say that increasing demand and initiation of provisional anti dumping duty on import from Thailand and USA are the reasons of increasing the pr
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