The monthly and annual trends in MDF imports paint a contrasting picture. In March and April, MDF imports declined sharply by 80% and 60% year-on-year, respectively, to an average of 7,400 tonnes, showed the ministry of commerce data compiled by Emkay Global Financial Services. MDF imports rose 80% in April on a month-on-month basis, pointing to an influx of cheap …
Demand trends in the wood panel market have been steady so far in Q2FY23. According to ICICI Securities Ltd., recent interaction with dealers and companies in the industry indicates that continuous momentum in the residential market and higher spending on home improvement, after the pandemic, are keeping demand robust. This bodes well for Century Plyboards Ltd. "Plywood market has continued …
