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March 31, 2022
India: Greenply Industries plans to rise plywood prices to offset rising costs
Greenply Industries Ltd, one of the largest plywood producers in India, is likely to announce a price hike in April to offset the rise in input costs. The company had earlier this month had revised its product prices by three per cent . According to Manoj Tulsian, Joint Managing Director and CEO, Greenply Industries, the ongoing geo-political tensions had led to volatility in raw material costs. The price of timber and certain chemicals have already increased by nearly 15 percent over the last 10-12 months and the current conflict has further affected the supplies.  ...
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