In 2018, The plywood manufacturing capacity is set to rise by 25-30 percent thanks to new factories and expansions taking place at various places in North India. Punjab, Haryana and Uttar Pradesh shall witness beginning of around 150-200 new units within 2018 which will certainly flood over the market compared to anticipated demand. The pressure on sales will push the market towards “Buyers’ market” hence there will be a drop-in price of finished goods specially after May 2018.
Read Full Article:- http://www.plyreporter.com/article/20070/plywood-supply-to-rise-exceed-demand-profits-to-drop
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