Greenply Industries plans to rise plywood prices to offset rising costs

Greenply Industries plans to rise plywood prices to offset rising costs
Greenply Industries Ltd, one of the largest plywood producers in India, is likely to announce a price hike in April to offset the rise in input costs. The company had earlier this month had revised its product prices by three per cent .    According to Manoj Tulsian, Joint Managing Director and CEO, Greenply Industries, the ongoing geo-political tensions had led to volatility in raw material costs. The price of timber and certain chemicals have already increased by nearly 15 percent over the last 10-12 months and the current conflict has further affected the supplies.  ...

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