HPMA forced to revise the PRICES again
- March 27, 2021
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Haryana Plywood Manufacturers Association had increased the rates of all types of plywood, block board and doors just last month.
Although, last time when the rates were increased very marginally, manufacturers had expected that cost of raw material will come down in the mean time. That’s why only a portion of increased cost was passed over in the market, absorbing the major part by themselves.
Hope for correction of raw material prices nowhere in sight, HPMA forced for a next 8 % revision in prices just to hold on the negative margins.