Fiberweb (India) provides business update

Prices of Melt Blown fabrics increase by 25%

Fiberweb (India) announced that the company's order book stands at USD 8 million (approx. Rs 60 crore). The recent corona virus in China has suddenly shot-up the demand in face mask requirements and the sale prices of Melt Blown fabrics are increased by nearly 25% which is likely to remain till April, 2020. This is very positive development for the company which will help last quarter result favourably.

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