The Indian market is once again witnessing turmoil due to sea freight and global logistics issues. As a result, the Indian plywood market is witnessing a supply shortage from Vietnam due to rising container and logistics delays. Container prices have recorded a hike of $2500, which is the sharpest jump since Covid 2020. The rise in imported plywood prices is largely due to global chemical prices as well as the rise in sea freight. The landing price of 16mm imported plywood in Delhi has seen a hike of 10-12% during the last week of May. However, the same product ...
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