market buzz

demand-for-ply-laminate-improves-but-stress-continue

Demand for Ply Laminate Improves, But Stress Continue

The tepid growth in demand for panel products is worrisome and pushing out weak manufacturing establishments out of business. Although the month of December, 2019 brought smiles to plywood and laminate producers and traders

Friday, 31 January 2020, 4 Min Read
indias-forest-and-tree-cover-witness-growth

India’s Forest and Tree Cover Witness Growth

The Union Minister for Environment, Forest and Climate Change, Shri Prakash Javadekar informed that India is among few countries in the world where forest cover is consistently increasing.

Friday, 31 January 2020, 3 Min Read
turning-points-of-2019-organized-sector-sales-grew-margins-fell

Turning Points of 2019 - Organized Sector: Sales Grew, Margins Fell

Organized plywood sector has been occupying just 25% market share but with the implementation of GST, they expect to increase their market share.

Thursday, 19 December 2019, 3 Min Read
turning-points-of-2019-north-based-plywood-industry-witnessed-closures

Turning Points of 2019 - North Based Plywood Industry Witnessed Closures

The North Indian Plywood Industry faced the worst phase of their journey in 2019. The manufacturers were fighting on multiple fronts this entire year.

Thursday, 19 December 2019, 3 Min Read
turning-points-of-2019-timber-high-price-a-constant-pain-point

Turning Points of 2019 - Timber: High Price, a Constant Pain Point

Since the beginning of 2019, the Poplar timber prices noted an upward trend, reaching the 1000 mark in the second half of the year. The rise in poplar prices created the biggest turnaround in the Plywood industry in North India as it led to an increa

Friday, 13 December 2019, 4 Min Read
low-rmc-help-big-players-to-gain-profit

Low RMC, Help Big Players to Gain Profit

Low raw material cost, low Chemical prices like Phenol and Methanol, which having significant share of raw materials input cost for making high pressure decorative laminates,

Wednesday, 11 December 2019, 3 Min Read
india-initiates-a-probe-on-exports-subsidisation-on-mdf

India Initiates a Probe on Exports Subsidisation on MDF

India has initiated a probe into alleged exports subsidisation by Indonesia, Malaysia, Sri Lanka, Thailand and Vietnam on fiberboards, which is impacting the domestic industry, according to a notification.

Wednesday, 11 December 2019, 3 Min Read
demand-and-sentiments-improve-market-smiles

Demand and Sentiments Improve, Market Smiles

After a slowdown patch of 3-4 months, the demand for wood panel and surface décor products is noted to have improved in September and October months.

Monday, 02 December 2019, 3 Min Read
functional-yet-modern-showroom-designs-practices-sanjay-agarwal-frdc-banglore-at-iir-2019

Functional Yet Modern Showroom Designs & Practices- Sanjay Agarwal, FRDC, Banglore at IIR 2019

“The sellers find out that what they think in terms of product and its applications & uses; that do not sell. What they passing out to the customer is important, it does not matter what we think. The entire market is moving out like this.

Friday, 22 November 2019, 4 Min Read
where-the-wood-panel-decorative-industry-and-trade-stands-today-the-journey-ahead-mr-sajjan-bhajanka-chairman-century-plywood-industries-at-iir

Where the Wood Panel Decorative Industry and Trade Stands Today, The Journey Ahead? - Mr. Sajjan Bhajanka, Chairman, Century Plywood Industries at IIR

In India per capita plywood consumption even today is not more than 2 sqm, but in China it is more than 30 sqm. If we compare India and China our production in MDF is 1.2 million tonne while it is more than 50 million tonne in China and the Particle

Friday, 22 November 2019, 3 Min Read