The plywood, Laminate and PVC board industry is about to witness volatile prices of raw material, largely tilted on higher side compared to 2019 levels. The raw material prices offered deep comfort to manufacturers otherwise more of the plants would have fallen to sick category. During 2020, phenol prices are anticipated to be the biggest disruptor which will impact laminate as well as plywood industry to the most. The anti-dumping duty, safe-guard duty, BIS role and global disturbances are the key factors that will influence phenol prices during 2020.
Read more- https://www.plyreporter.com/article/61289/raw-material-prices-will-be-relatively-higher-volatile
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