As per the company notifications, any order placed after 1st Sept will be billed in the new rates, while pending orders, if any, need to be lifted before 10th Sept, else they will be considered cancelled and prevailing rates should be applicable on the date of lifting.
Many leading MDF manufacturers in the domestic market have decided to make the revision in the prices of all categories of MDF (Interior & Exterior grade), MDF (CARB), HD+MR and UV/Acrylic /Luxe up to 5 % w.e.f 1st September. The significant rise in the overall production cost seems to have pushed the top manufacturers to make this move so that input cost can be recompensed from the market.
Recently, Ply Reporter received confirmation on this imminent price rise in all range of MDF products from large scale producers such as Crossbond, Motherwood, E3 MDF, etc who have notified the price rise in the light of unavoidable rise in the production cost of final product, triggered by relentless surge in the raw material prices. As per the company notifications, any order placed after 1st Sept will be billed in the new rates, while pending orders, if any, need to be lifted before 10th Sept, else they will be considered cancelled and prevailing rates should be applicable on the date of lifting.
Of late, the volatility in the raw material has posed unnerving challenges to the entire wood panel industry, despite doing the best possible efforts to absorb the fluctuations; the industry is now compelled to pass on the cost burden in the market, so as to maintain the unquestionable quality and timely delivery of the products. MDF manufacturers seek the support of all their channel partners to navigate through the changes smoothly.