Timber imports affected by tighter credit standards in banks

After reports of banking fraud, the new regulations has impacted on timber imports from the overseas market. Banks are taking very importers to obtain credit and credit limit. Due to the banking support and lack of cash timber import business is severely affected. Importers who ply reporter almost all important banks told the reporter withdrew its features, as well as went to LC Facility expensive. The cost is also increased because the calculation of dates came to be considered the dispatch date, which was the date previously calculated delivery.

Read Full Article:- http://www.plyreporter.com/article/20129/strict-bank-credit-norms-hit-timber-import

Arrival of Bagasse Brings Smile to Particle Board

With start of Sugarcane harvesting season, the supply of Baggase has started arriving to Particle Board industry located in Gujarat and Maharashtra. Particle Board producers are in hurry forgetting access to raw materials and stocking as much possible. The hurry is creating a price rise in bagasse raw material segment in Gujarat.

It is noted that production at particle board plants is on almost halt from last two months because of non-availability of sugarcane waste (baggase) for making boards. Gujarat based Particle Board producers hope that supply of finished board will be smoother after mid of November and thus they have started taking new orders.

Read Full Article:- http://www.plyreporter.com/article/10052/arrival-of-bagasse-brings-smile-to-particle-board-producers