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Nirmal Bang Report
In this note, we track and highlight near term trends in average price movement of key commodities/inputs for our Coverage Consumer Companies (within fast moving consumer goods, paints, Alco-Bev and quick service restaurant sectors).
As per data available till date, the trend in Q3 FY21 indicates continuous inflationary environment in palm oil and edible oil, with crude-linked commodities and crude derivatives also firming up now.
Agri commodities largely remain benign and tea prices, which saw sharp inflation in H1 FY21, witnessed some cooling off in November.
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