Shadow of weak lifting due to slow project and poor demand is covering Film Faced plywood segment. For six months film face demand was good but since beginning of November it has witnessed dullness. The increasing supply of film face plywood and shuttering ply materials is also said to be a key factor. Due to a dozen new addition of presses that too of 16 daylight plus presses installation in Yamuna Nagar, Punjab and surrounding regions is said to be one of the major factor of dullness. The inventory buildup in plywood factories has compelled the film faced plywood producers to reduce prices by Rs 1 per square feet during December second week but it is not helping the demand.
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