India’s MDF market is struggling in deep with sudden rise in output on domestic level. The market is certainly not ready to consume all of the growing MDF capacity finds Ply Reporter team but physically there is supply. The manufacturing companies are now struggling with huge production capacity on the contrary staring at a dull demand scenario.
The industry reports gathered from different MDF plants indicate that the overall capacity utilization is merely 40% during last two months. The MDF producing companies are trying hard to push the sales by offering schemes on bulk order’s but they have slipped to achieve the target resulting the stocks have piled up at factories and warehouses.
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