H.B. Fuller Co. FUL, +1.04% said Friday it will raise prices by 4% to 10% on all adhesives product categories and related products, following continued increases in costs for raw material feedstock, logistics and labor. the increases will be effective Oct. 15, 2018, and affect products in the adhesives provider's durable assembly, hygiene, packaging, construction and paper converting segments. "In recent months, pressure on hot melt, reactive and water-based raw materials has intensified," the company said in a statement. "In North America, the added impact of tariffs and truck shortages also is affecting costs." The stock, which was still inactive in premarket trade, has gained 4.8% year to date, while the SPDR S&P Materials Select Sector ETF XLB, +0.39% has lost 1.8% and the S&P 500 SPX, +0.53% has advance 8.6%.
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