Welcome to the year of hope and beginning of a new growth cycle. The retarding effects of GST, DEMO & RERA are still present but market recovery and growth is expected, especially from the first quarter of FY 2018-19. Past one and half year have been riddled with slowdown, liquidity crunch, reforms led uncertainty in general where building materials segment is worst affected. Despite ofextremely slow demand in Wood, Panel and Decorative materials category, a huge capacity addition has taken place in this segment thus Year 2018 is set to witness a storm of competition in wood, panels and decorative surfaces category.
Monday, 23 July 2018
2018 Is Expected to Be Better but Not Everything Is Rosy
Welcome to the year of hope and beginning of a new growth cycle. The retarding effects of GST, DEMO & RERA are still present but market recovery and growth is expected, especially from the first quarter of FY 2018-19. Past one and half year have been riddled with slowdown, liquidity crunch, reforms led uncertainty in general where building materials segment is worst affected. Despite ofextremely slow demand in Wood, Panel and Decorative materials category, a huge capacity addition has taken place in this segment thus Year 2018 is set to witness a storm of competition in wood, panels and decorative surfaces category.
Friday, 20 July 2018
WPC-PVC Producers Increase Prices by 5 %
WPC and PVC board producers have decided to increase the prices of finished goods by 5 percent during a meeting held in Delhi on 18th Nov 2017, which was attended by more than 60 producers from across the country. During the meeting, the members of newly formed Association of “Entire WPC-PVC Manufacturers” unanimously elected their office bearers, board members, President, General Secretary and Vice President representing every region and state. Mr. Pawan Garg, MD of Alstone has taken charge of President.
Read Full Article:- http://www.plyreporter.com/article/10056/wpc-pvc-producers-increase-prices-by-5
Thursday, 19 July 2018
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
Wednesday, 18 July 2018
Be Alert, Timber Shortage to Loom Over 2019-20
Hundreds of new units and presses in North India and another hundreds are planning to expand after easing up in law by central government for setting up new wood based manufacturing unit in “Haryana, Punjab, UP, Rajasthan etc” is certainly going to create a survival crisis for those who are entering in unplanned way. 3000 cbm a day capacity in MDF & Particle Boards manufacturing are also announced or in a way to begin production is adding to the timber requirement which looks already suffocated.
We have seen the situation happened with Baggase based Particle Board Industry in Gujarat, which was almost shut down due to non-availability of raw material since 75 days. You can easily calculate the cost of investment for setting up a particle board manufacturing unit and the loss a producer have had incurred due to the shut down period. Such losses might not be compensated to the company even if they run smoothly for next three hundred days.
Read Full Article:- http://www.plyreporter.com/article/10050/be-alert-timber-shortage-to-loom-over-2019-20
Chinese Highlighter Panels Losing Charm Due to Crowded and Competitive Offerings
The market sentiment for ‘cheap and imported highlighters’ is getting weak due to huge flow of designer panels and lack of exclusivity. There are many new players and importers who are now offering designer panels in Mumbai, Delhi and even in other metros that has led to a reduction on margins. The prices offered by importers are much lesser compared to that of a year ago due to rise in number of suppliers. “The highlighter panels of similar materials and designs have become a common choice for each new display showroom hence at the end. “It offers similar concept and similar look,” this is a common statement being made by showroom owners. The showrooms of metro cities are showing desperation to differentiate themselves from new showrooms which are bringing same materials. That is why the leading showroom players are giving lesser wall space to such highlighter panels. The common reply is “because of very common designs and same pricing everywhere the choice of exclusiveness is not there” and display of China range is common with every retailer, hence designer community is drifting from it.
Read Full Article:- http://www.plyreporter.com/article/10048/chinese-highlighter-panels-losing-charm-due-to-crowded-and-competitive-offerings
Monday, 16 July 2018
Why a Retailer Must Sell Decorative Wood Veneers
We all know, selling decorative veneer is not just price based selling, instead it is an art. It is a belief in nature and a package of class, satisfaction and status, you choose to create around you. This article is an honest effort of the Ply Reporter to update those plywood-laminate counters who believe that decorative veneer is not for them. In fact, the article allows you to narrow down your though process towards clarity and the eagerness to take the next step forward. The article is prepared based on the observations made by Reporter’s team on the ongoing practices in different markets.
We felt the need to highlight the core facts behind selling and presenting decorative veneers at retailers place today. The concept of decorative wood veneer is very strong in West and South India compared to Northern India. The Ply Reporter team worked on finding the purpose that “why and what shall be the real motive of a dealer to sell wood veneers” and highlight the fact behind why a customer may like to purchase and use natural veneers instead of decorative laminates.
A period of hope & despair !
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
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