ILMA’s latest Price advisory is directed to align laminate Pricing with Input Costs Cautioning the laminate manufacturers across the country in the wake of recent developments in the conflict involving the United States and Iran, which have created fresh uncertainty across global energy, petrochemical and shipping markets, ILMA has once again issued a price revision advisory across all laminate segments.
As per the association, the laminate industry is once again witnessing a sharp escalation in the costs of essential raw materials. The continued volatility in crude oil prices, anticipatory disruption in international supply chains and increased freight costs are directly impacting the cost of laminate manufacturing. Therefore, the following cost increase is advised as of 14th July from the pre-war prices:
Thickness Cost Increase
0.70 mm ₹65 + GST
0.80 mm ₹80 + GST
0.90mm ₹90 + GST
1.00mm ₹100 + GST
ILMA has also reassured that the Board Members are closely monitoring the situation and assess the evolving cost impact on the industry. Members are advised to remain vigilant and aligned with industry-wide measures during this period of uncertainty.
It is advised that each member must take an independent commercial decision based on their own costing; as this advisory is only for general industry guidance and should not be misinterpreted as a fixed pricing instruction.
