Rate Increases in Plywood

In pursuant of sharp increase in rates of Resin timber and firewood, Plywood manufactures are trying to pass on the part of additional cost to the buyers.

An increase of Rs 0.50 per glue line was decided in a Joint meeting held in Mangalore by the following Association Presidents and members.

• B Abdul Salam

(Karnataka Plywood Manufacturers Association)

• Mujeeb Rehaman

(All Kerala Plywood & Block Board Manufacturers Association)

• Narayanan TP

(Kannur District Plywood & Block Board Manufacturers Association)

• Jitendra Patel

(Bangalore Plywood Manufacturers Association)

Punjab Plywood Manufacturers Association met in Ludhiana On 14th July 2022 under President Inderjit Singh Sohal, Chairman Ashok Juneja and Sh Naresh Tiwari, Chairman AIPMA.

An increase of 5% on every item was proposed with immediate effect to compensate partly by the members.