Prices for chipboard began to rise against the backdrop of peak furniture production

Prices for chipboard began to rise against the backdrop of peak furniture production

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The cost of particleboard (chipboard), fibreboard (fibreboard) and other boards in Russia from mid-2023 to October-November recovered after more than a year-long fall. Manufacturers of stoves, furniture, as well as analysts reported this to Vedomosti.

Prices for wood panels in Russia fell from April 2022 until June 2023, when they reached the bottom, Valery Perkhin, deputy director for sales and head of the sales department of the Cherepovets Plywood and Furniture Mill (ChFMK), explained to Vedomosti. “The slab factories were operating on the edge of profitability,” he notes.

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