November was a month of dullness. Near Deepawali time, markets responded in weak sales, and after the festivals was over, there were hardly buyers. Entire South India was in rain and flooding where as entire North was busy gifting and celebrating fir
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We all expected a big blow to business due to the looming uncertainty during April - May 2020. However, with the easing of restrictions in June - July proved to be a decent come back for plywood and laminates.
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P lywood and Laminates industry located in North India such as in Punjab, Haryana, Delhi-NCR, Uttar Pradesh and Uttarakhand are witnessing return of workforce in large numbers. According to field reports, up to 70 percent of migrant labours have been
The Plywood industry’s Capacity vs Demand Gap has widened where capacity is higher by 50% or can say there is double the capacity
The pressure of film face plywood manufacturers eased after the flash demand coming to them from builders during January 2018.
November – December months were reported to have slow lifting of plywood and laminates in market pan India but the last two weeks of December registered momentum in demand due to news about price rise.