Poplar is once again back on rising spree. There was a brief pause in poplar prices due to demand and supply mismatch during mid-November to mid-December
Greenply Industries reported a decline of 60.79 per cent in its standalone net profit to Rs 14.26 crore for the second quarter ended September.
Growing Poplar timber prices have been worrying plywood industry in northern India, but the easing up prices of Eucalyptus timber is helping industry to sustain.
The market for plywood and panel products is becoming fierce and throat cutting as reported by Ply Reporter correspondents from across the country.
The sharp surge in prices of phenol, methanol and melamine led to industries on a halt during October further compelling many producers even to suspend production
The sharp surge in prices of phenol, methanol and melamine led to industries on a halt during October further compelling many producers even
to suspend production is now limping back to normalcy.
Year 2018 witnessed shift in the way plywood industry and trade had been operating so far in India. The tax reform brought everyone on same level playing field thus branded plywood became cheaper.
Extremely slow payment recovery is the biggest negative at present that unorganized wood panel industry is going through reports Ply Reporter correspondents from the market.
लकड़ी के फर्नीचर का आयात 2 दशकों से लगातार बढ़ रहे हैं और यह प्रवृत्ति मेक इन इंडिया इनिसिएटिव के बावजूद जारी है। पहल के बावजूद फर्नीचर सेगमेंट में कुछ भी बड़ा नहीं हुआ है।
The market is a buzz with new plant brought in Hoshiarpur by Savitri Woods India Pvt Ltd. The Ply Reporter reached out to promoters of Savitri Woods