Haryana Plywood Manufactures’ Association Hikes Plywood Prices By 5%

Haryana Plywood Manufactures’ Association has hiked prices of all types of plywood, block boards and flush doors by 5% over exorbitant increase in cost of wood and wages.

The plywood industry of Yamunanagar has been reeling under a financial crisis after the outbreak of the Covid-19 pandemic. The former Chief Minister had reduced the market fee from 2% to 1%. However, now this 1% market fee should also be abolished to save the industry. —as per JK Bihani, president, Haryana plywood manufactures’ association

Plywood factories in Yamunanagar district has been getting about one lakh quintal poplar wood every day for some years due to sharp fall in plantation of poplar saplings. The industry in the district mostly uses poplar and eucalyptus wood to produce plywood.

The former CM had reduced the market fee from 2 per cent to 1 per cent. However, now this 1 per cent market fee should also be abolished to save the industry,” said the association.