Amid the continuous rise in raw material prices and manufacturing expenses, members of the All India Edgeband Manufacturers Association recently held an online meeting to review the increasing input costs and their impact on the industry.
During the meeting, members collectively agreed that the increased production costs need to be passed on to the market to ensure business sustainability. Accordingly, the Association has advised its members to implement a 10% price increase, effective November 15, 2026.
The revised prices will be applicable to market supplies from the effective date. The Association will continue to monitor raw material prices and manufacturing costs and keep its members informed about any further developments.
The Association will continue to monitor raw material prices and manufacturing costs and keep its members informed about any further developments. It was also reiterated that in order to maintain the quality of the products it is of utmost importance to adopt a coordinated approach among industry members and ensure the long-term stability of the edge band, especially amidst the ongoing cost pressures on the edge band sector.