Rising commodity prices to take a toll on Q2 results

Raw material, fuel prices have risen 5-15% since July, are expected to remain elevated

Prices of resource commodities have surged sharply across global markets since July, with raw material and fuel prices going up by 5-15 per cent. 

Analysts say this is bound to put pressure on Indian companies' raw material costs, which have been about 45-46 per cent of total production cost during the past five quarters. If the numbers thrown up in the June FY18 quarter are any indication, most commodities are expected to stay at elevated levels.

According to forecasts report by FocusEconomics, a provider of economic analysis and forecasts for 127 countries for 33 key commodities, China's supply management in