FMCG Companies Prepared for Price Hikes
1 month, 2 weeks ago

FMCG Companies Prepared for Price Hikes

Deccan Chronicle  

CHENNAI: With prices of several commodities remaining firm, FMCG companies intend to increase prices of products in the current quarter. FMCG companies had passed part of the higher input costs to the consumer in the previous quarter and they are prepared for further hikes if prices remain firm. “Crude palm oil and tea experienced inflation of 10 per cent and 25 per cent year-on-year, respectively. Higher palm oil prices have a bearing on soaps and FMCG companies alternatively reduce the grammage as well to counter the sudden surges. Tata Consumer products finds that tea prices were 28 per cent higher for the September quarter in North India and 25 per cent up in South India.

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History of this topic

Mint Explainer: How rising palm oil prices impact India and its consumers
1 week, 3 days ago

Mint Explainer: How rising palm oil prices impact India and its consumers

Live Mint  

Investors were left reeling this week as Godrej Consumer Products issued a stark warning: soaring palm oil prices have severely impacted its soaps segment, a cornerstone of its business. This policy change came as global palm oil prices were already climbing due to supply constraints in Southeast Asia, creating a perfect storm for manufacturers. Read this | Edible oil, tea, …

FMCG firms shield margins in times of high inflation
2 years, 3 months ago

FMCG firms shield margins in times of high inflation

Deccan Chronicle  

Chennai: Inflation seldom bites into the profit margins of fast moving consumer goods companies as they have the leverage to raise product prices to protect themselves from rising raw material prices. Cosmetics, toiletries, soaps and detergents companies recorded their best operating profit margin at 21.7 per cent in 2020-21 even as sales grew by 13.3 per cent. Around 15 of …

Will Milk, Soap, Shampoo Prices Come Down After Edible Oil Price Cut? What FMCG Makers Say
2 years, 6 months ago

Will Milk, Soap, Shampoo Prices Come Down After Edible Oil Price Cut? What FMCG Makers Say

News 18  

Though the edible oil prices have come down as the import duties on them have been cut by the government, fast-moving consumer goods companies said they will not cut prices but instead will reduce the pace of price increases, according to a media report. The branded edible oil makers are reducing the prices on the oil, including palm oil, as …

From Soap, Shampoo To TV, AC: Price Hike Pressure To Continue Across Sectors; Know Why
2 years, 7 months ago

From Soap, Shampoo To TV, AC: Price Hike Pressure To Continue Across Sectors; Know Why

News 18  

Inflation is becoming one of the hottest topics in the country, with the CPI growth numbers rising to an eight-year-high level in April. its Sunsilk shampoo’s price was increased by Rs 8-10 across variants, while 100-ml Clinic Plus shampoo got costlier by 15 per cent. “Almost 30 per cent of our business comes from packs that operate at magic price …

Petrol, diesel price woes continue; retail cost hiked by 80 paise per litre again
2 years, 8 months ago

Petrol, diesel price woes continue; retail cost hiked by 80 paise per litre again

India Today  

Prices of petrol and diesel continued their steep rise on Tuesday, April 5. With another 80-paise hike, the price of petrol in Delhi was pegged at Rs 104.61 per litre while diesel was priced Rs 95.87 per litre, respectively. In Mumbai, petrol and diesel retailed at Rs 119.67 per litre and Rs 103.92 per litre. After Indraprastha Gas Limited hiked …

CNG Prices Hiked Today, Rates Raised By Rs 2.5 Per Kg; Know How Much You Have to Pay
2 years, 8 months ago

CNG Prices Hiked Today, Rates Raised By Rs 2.5 Per Kg; Know How Much You Have to Pay

News 18  

Compressed natural gas prices in Delhi have been hiked by another Rs 2.5 per kg days after the government raised input natural gas prices to record levels, according to a notification by Indraprastha Gas Ltd, the firm that retails CNG and piped cooking gas in the national capital. Apart from compressed natural gas, petrol prices were also hiked on Monday …

Petrol, diesel prices hiked again for second day in a row. Check latest rates
2 years, 9 months ago

Petrol, diesel prices hiked again for second day in a row. Check latest rates

Live Mint  

Petrol and diesel prices were on Wednesday again hiked by 80 paise a litre for a second consecutive day, since the Oil Marketing Companies started the increase in petroleum products after a gap of more than four months. Today, petrol in Delhi will now cost ₹97.01 per litre as against ₹96.21 previously while diesel rates have gone up from ₹88.27 …

CNG Prices Hiked in Delhi-NCR, Check Rates; Will Petrol, Diesel Prices Increase Next?
2 years, 9 months ago

CNG Prices Hiked in Delhi-NCR, Check Rates; Will Petrol, Diesel Prices Increase Next?

News 18  

CNG price in the national capital and adjoining cities on Tuesday was hiked by Rs 0.50 per kg, while an imminent increase in petrol and diesel price has been put on wait-and-watch mode for more clarity on global oil prices. Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from …

Covid-19: After healthcare, FMCG inflation hits Indian households
3 years, 6 months ago

Covid-19: After healthcare, FMCG inflation hits Indian households

India Today  

Millions of Indian households are spending more on essential goods including daily groceries after a 20 per cent rise in FMCG inflation in the past year. The steep FMG inflation has been triggered by rising prices across 40 per cent of grocery products, reported BusinessToday.in. Read | Why rising inflation, Covid could be a spoilsport in growth recovery EDIBLE OIL …

FMCG Companies Look to Hike Prices to Offset Inflationary Pressure on Raw Material Inputs
3 years, 11 months ago

FMCG Companies Look to Hike Prices to Offset Inflationary Pressure on Raw Material Inputs

News 18  

Consumers may have to shell out more money for their daily use products as FMCG firms, which are facing inflationary pressure on their key raw material inputs, are considering marginal hike on their products price to offset it. "The quarter was also characterised by inflationary pressure in key raw materials necessitating cutting back on some promotions and taking effective price …

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