The plywood laminate and timber markets are still struggling even after 2 months of GST implementation. ‘Sales are weak, payments are not coming and uncertainty looms everywhere, be it for a manufacturer or a dealer’.
The sales in plywood have seen a massive drop of around 35-40 percent from its levels recorded in Feb-March 17. Timber suppliers are not much happy either. Touble faced by small retailers and traders and their complaints to the new GST law is genuine because it is giving them sleepless nights. Particle Board and MDF sales are at average level but that too is based on discounting support. The sales in decorative laminates are down by 20-25 percent. You may come across few people who claim, they are not that affected which is mainly due to addition of new stockist in every region and the sales are largely primary.
Read Full Article:- http://www.plyreporter.com/article/10033/a-period-of-hope-despair
