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April 25, 2018

Indian plywood manufacturers raise prices to test market reaction

Indian plywood manufacturers raise prices to test market reaction
Indian plywood manufacturers are reporting that prices for peeler logs are trending higher as are chemical prices.    Adding to the pressure to increase plywood prices are rising labour charges. To compound the difficulties faced by manufacturers, transport costs are also going up due to the higher cost of fuel.    These developments have prompted Indian plywood manufacturers to be looking to raise prices by 10%. With immediate effect prices have been raised by about 5% to test market reaction.    The key to securing prices to off-set rising costs ...

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