Eucalyptus emerged as a rescue raw material since a year for plywood industries. It played as cushion for manufacturers but now it is also catching up with the poplar prices. Increasing prices of Eucalyptus in Haryana, Punjab and Uttar Pradesh is a cause of concern for manufacturers due to rise in product cost. Industry is of the view that prices of Eucalyptus logs have increased by 20% in last 2 months. The Bareilly based manufacturing clusters are getting eucalyptus prices higher by 30 percent compared to prices 6 months ago.
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