With bumper demand coming from all over, Indian panel industry is currently in a bullish ride. Market is equally upbeat with positive sentiments. The mood is good and consumers have started coming back irrespective of the ongoing COVID led pandemic s
Plywood demand is reportedly touching Pre-Covid level having boost since last two months. For many manufacturers demand is even better than Pre-covid levels. But it is to be noted that demand of economical grade products are higher than premium produ
Ministry of Commerce and Industry, Government of India has Initiated Anti-Dumping Investigation on imports of ―Silicone Sealants originating in or exported from China. This has been intimated to the parties by issuing a government notification dated
प्लाई रिपोर्टर ‘फैक्ट पर आधारित जानकारी देने और आपके व्यवसाय को तेजी से बढ़ाने’ की फिलॉसफी पर काम कर रहा है, और हमें गर्व है कि हम पिछले 20 वर्षों से इसका पालन कर रहे हैं।
Despite strict lockdown, we seem to be getting back on pre-covid levels with speed. Till August 4th week, demand was surprisingly good enough for plywood manufacturers to operate at 60 to 70%.
The average output (business recoded for industry and trade in wood panels) in May 2020 was around 18-20% of Pre-COVID period. I count May at 20% and expect June at 25%, July and August at 30 percent.
मई महीने में वुड पैनल इंडस्ट्री व ट्रेड ने तकरीबन 18 से 20 प्रतिशत का व्यापार किया है। मेरा आकलन है कि मई में 20, जून में अनुमानित 25, जुलाई और अगस्त में 30 प्रतिशत तक का व्यापार हो सकता है।
Till writing this editorial, the market scenario is seemingly better and looks promising. Demand for plywood, Film faced plywood, decorative laminates, PB and MDF are better in flow than the last two quarters.
The budget of 2020 offered a fresh perspective to see things in the changing economic scenario for several sectors. Entrepreneurs of today understand that the restructuring and reforms are meant for the long term goal.