Page 9 - Commodity Prices
We see inflation averaging 5.4% in FY23: Crisil Chief Economist D K Joshi
In a Q&A, he says the Ukraine war-led spike in commodity prices will impact household inflation, and that the capex thrust by the Centre and states may take a slight hit
 "We see inflation averaging 5.4% in FY23: Crisil Chief Economist D K Joshi")
Surge in commodity prices may push CAD to 2.8% of GDP in Q3: Report
The report said although the Omicron-led Covid wave has subsided, the geopolitical risks to the global recovery have increased due to the Russia-Ukraine conflict
 "Surge in commodity prices may push CAD to 2.8% of GDP in Q3: Report")
Managing the rupee
An orderly adjustment would be healthy
 "Managing the rupee")
China's February factory-gate prices rise at slowest annual pace since June
China's producer prices in February rose at slowest annual pace since June, official data showed on Wednesday, amid skyrocketing commodity prices, uncertain global economy and domestic Covid outbreak
 "China's February factory-gate prices rise at slowest annual pace since June")
How Indian trade is filling the void left by Russia-Ukraine?
Amid Russia-Ukraine crisis and sanctions on Russia, demand for Indian wheat and other commodities has risen. As these sanctions are unlikely to be lifted anytime soon, find out its impact on India
 "How Indian trade is filling the void left by Russia-Ukraine?")
Commodities up as Russia's nuke alert, West's sanctions spur supply worries
Oil, grains rise; aluminium at record high, nickel up on Russian supply worries, fears of food inflation as wheat, corn, edible oil prices rally
 "Commodities up as Russia's nuke alert, West's sanctions spur supply worries")
Russia-Ukraine Conflict: Will commodity price rally sustain this week?
Commodity prices shot up after sanctions imposed on Russia. Crude oil surpassed $100 a barrel, aluminium prices touched lifetime highs. Gold prices also went up. Will this rally continue this week?
 "Russia-Ukraine Conflict: Will commodity price rally sustain this week?")
TMS Ep117: Ukraine crisis, commodity price, Sanjiv Bajaj, Vande Bharat
How will the Ukraine crisis affect Asian economies? Will commodity price rally sustain this week? What is Sanjiv Bajaj's plan to digitise his business? What is Vande Bharat mission? All answers here
 "TMS Ep117: Ukraine crisis, commodity price, Sanjiv Bajaj, Vande Bharat")
Ukraine crisis: Commodity prices to impact FY23 fertiliser subsidy targets
The Reserve Bank of India projects the retail inflation rate to average 4.5 per cent in FY23
 "Ukraine crisis: Commodity prices to impact FY23 fertiliser subsidy targets")
Russia-Ukraine crisis: Consumer durables firms in wait-and-watch mode
Freight costs had only recently started to stabilise, which were on the rise during the pandemic.
 "Russia-Ukraine crisis: Consumer durables firms in wait-and-watch mode")
Rising oil can burn Rs 1-trillion hole in govt coffers in FY23: SBI report
Based on the existing value-added tax (VAT) structure and taking Brent crude price of $100 - $110 per barrel, SBI believes diesel and petrol prices should have been higher by Rs 9-14 each by now
 "Rising oil can burn Rs 1-trillion hole in govt coffers in FY23: SBI report")
Result season: Higher commodity prices dent corporate India's Q3 margins
According to the report, the ongoing results season is behaving largely on expected lines as far as topline growth is concerned
 "Result season: Higher commodity prices dent corporate India's Q3 margins")
Global fuel, commodity prices may soften going forward: NITI's Rajiv Kumar
Stating that the Union Budget does not stoke any inflationary pressure, NITI Aayog Vice Chairman Rajiv Kumar said the rise in international fuel and commodity prices may not continue going forward
 "Global fuel, commodity prices may soften going forward: NITI's Rajiv Kumar")
Costlier oil and subsidy fall likely to hit consumption in FY23
A cut in subsidy in FY23 comes on the back of an equally sharp cut in FY22
 "Costlier oil and subsidy fall likely to hit consumption in FY23")
Pressure easing at auto, consumer appliance firms as input costs cool down
Manufacturers, however, remain watchful of inflationary trend, even as their prices hikes begin to outpace incremental costs
 "Pressure easing at auto, consumer appliance firms as input costs cool down")
High commodity prices may have dented Q3 profitability of capital goods cos
In terms of order inflows, the sector is expected to have witnessed weakness in the period under review
Prices of white goods rise third time in 2021 amid surging commodity costs
Of late, prices of metals, such as copper, steel, and aluminium, and crude oil have come off by up to 15 per cent from their October peaks
 "Prices of white goods rise third time in 2021 amid surging commodity costs")
Indices to remain range-bound in 2022 as earnings catch up: Ajay Garg
With the pandemic risk still lurking around the fringes, global growth is yet to attain a structural foothold, Garg said
 "Indices to remain range-bound in 2022 as earnings catch up: Ajay Garg")
Rise in Vedanta stock may be temporary unless commodity prices rebound
Promoter's stake buy positive, but prices of aluminium, copper, steel, natural gas, crude oil, etc are all down in the past month
 "Rise in Vedanta stock may be temporary unless commodity prices rebound")
High prices of commodities yet to hit India Inc's overall profits
Combined net profit of 42 Nifty50 companies increases 19.2% YoY in Q2
 "High prices of commodities yet to hit India Inc's overall profits")