After Poplar, Eucalyptus Timber Price Also Rise

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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Eucalyptus Prices Eased Up, Helps Plywood Industry To Sustain

Growing Poplar timber prices have been worrying plywood industry in northern India, but the easing up prices of Eucalyptus timber is helping industry to sustain. Industry believes that Poplar timber prices have been tending upward since April this year and it has so far noted an increased up to 25- 30 percent during last six months. It is believed that industry is unable to pass their input cost in the market in this ratio and they are forced to note big pressure on their margins.

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