ILMA, being the representative body of laminate producers across the country, had assessed the unprecedented increase in the unit prices of all the raw materials only in the month of March and even Jacking up in April.
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The steep prices of raw materials including melamine and Formaldehyde led to the steep jump in liner prices. The high prices of Melamine impacted production of Liner Laminates, and many companies decided to shut the production of Liner Laminates.