The price rise scenario is signifcant in the Plywood, Particle Boards and Laminates industries in Marc hApril 2022. The situation arising before the manufacturers has compelled them to increase the price on a regular basis.
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Rupee has tumbled down to all time low against dollar, which has pushed up the rates of entire range of imported materials.
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The Film face plywood producers have increased the prices of shuttering plywood up to Rs.1.00-1.50 per sq. during April.
Plywood machinery manufacturers and suppliers are reportedly very much occupied due to sudden jump in orders for Hot Press, Driers, Boilers, Peeling machines, Sanding Machines, Glue spreaders etc.
Ludhiana, Punjab based Golden Plywood Group is setting up ‘Recon Veneers’ manufacturing unit here. He further asserts that Recon veneers are the best, suitable and sustainable option for Indian plywood industry.