Indian Economy Watch - Commodities Rally Unlikely To Hurt: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Over the past few months, many commodities have seen a sharp increase in prices.
However, the price surge is uneven across different commodities.
There are broadly four baskets of commodities – base (or industrial) metals, precious metals, agricultural (food and non-food), and energy (or fuel).
While base metals and agro commodity prices have seen a great surge in CY21, the same has been contained in precious metals and energy.
In this note, we analyse the impact of the rapid surge in base metals and agro commodities on India’s macroeconomic fundamentals.
In particular, we look at its effect on three different indicators – inflation, foreign trade, and domestic investments.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.