A growing market appetite and interesting industry dynamics have caused an exponential price drift for MDF since the last year.
As the global economy recovers, the reopening of sectors such as hospitality has resulted in an unusual demand spike, subsequently doubling the MDF prices in the last couple of months.
Mills have become very selective in prioritizing their supplies based on operational capabilities, volumes, partnerships and this has impacted smaller industry players.
Will the prices go down? In short, no. In fact, the rising prices are expected to continue in the next quarter as well. Let us look at the following reasons.
Years ago, MDF disrupted the market as a cheaper alternative, however, the raised price is the new low now.
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