Turning Points Of 2019 - Timber: High Price, A Constant Pain Point

Since the beginning of 2019, the Poplar timber prices noted an upward trend, reaching the 1000 mark in the second half of the year. The rise in poplar prices created the biggest turnaround in the Plywood industry in North India as it led to an increase in the price of Full Poplar plywood leading manufacturers to shift to alternate plywood. In fact, the rising trend in Poplar logs was registered from the last 3 months of 2018.

Read more:- https://www.plyreporter.com/article/61252/turning-points-of-2019-timber-high-price-a-constant-pain-point

Dolby Mica Launches Their Display Gallery At Pune

The latest display gallery lies in the heart of Pune city and has all the latest laminate collections by the company. After launching their display galleries at Mumbai and Gujarat, Dolby Mica has now successfully launched another display gallery at Timber Market, Pune. This will be the company’s 3rd display gallery launch. Placed in an easy-to-access location, the gallery has the complete laminate and surface design collections by Dolby Mica and Dolby Vesta.

Read more:- https://www.plyreporter.com/article/61256/dolby-mica-launches-their-display-gallery-at-pune

Archidply Participated In Exhibition Cum Seminar In Guwahati

Archipdly Industries Ltd participated in an Exhibition cum Seminar held in the ground of Assam Institute of Engineering [AlE] conducted by Public Works of Building Division and National Highway Division [PW (B & NH) Department] on 23 rd and 24th November, 2019.

Read more:- https://www.plyreporter.com/article/61255/archidply-participated-in-exhibition-cum-seminar-in-guwahati

Where The Wood Panel Decorative Industry And Trade Stands Today, The Journey Ahead? - Mr. Sajjan Bhajanka, Chairman, Century Plywood Industries At IIR

In India per capita plywood consumption even today is not more than 2 sqm, but in China it is more than 30 sqm. If we compare India and China our production in MDF is 1.2 million tonne while it is more than 50 million tonne in China and the Particle Board production capacity is 34 million cbm.

Read more:- https://www.plyreporter.com/article/61235/where-the-wood-panel-decorative-industry-and-trade-stands-today-the-journey-ahead-mr-sajjan-bhajanka-chairman-century-plywood-industries-at-iir

India Initiates A Probe On Exports Subsidisation On MDF

India has initiated a probe into alleged exports subsidisation by Indonesia, Malaysia, Sri Lanka, Thailand and Vietnam on fiberboards, which is impacting the domestic industry, according to a notification. The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR) has started the probe to examine whether the subsidy programs of these five countries for exports of fireboards are impacting the domestic industry.

Read more:- https://www.plyreporter.com/article/61246/face-procurement-may-improve-from-burma-laos

Low RMC, Help Big Players To Gain Profit

Low raw material cost, low Chemical prices like Phenol and Methanol, which having significant share of raw materials input cost for making high pressure decorative laminates, have been a great support for the industry. The organized brands and big volume players reflected improved profit in 2nd quarter of the ongoing financial year, where as Weak and Struggling industries too found a life support due to less prices thanks to weak global demand for commodities and chemicals. During this period Greenlam Industries reported a total revenue of Rs. 327 crores, which was Rs. 275 cr in previous quarter.

Read more:- https://www.plyreporter.com/article/61242/low-rmc-help-big-players-to-gain-profit

Uttar Pradesh New Plywood Factories; Hope Alive Or…

The Uncertainty on new wood based industry licenses in Uttar Pradesh is looming in negative direction, because state forest department is unable to provide enough facts in NGT during last two hearing related to timber availability in state. But the question is that what would happen to the investment made after a duly completed process followed for inviting licenses, granting them through computerizes lottery draw system?

Read more:- https://www.plyreporter.com/article/61240/uttar-pradesh-new-plywood-factories-hope-alive-or