Nomura’s commodity tracker for Q4 FMCG raw material pricing trends indicates that raw material inflation is building up, with an inflationary trend seen in crude and its derivatives as well as palm oil, while soft or deflationary trends are observed in copra, coffee and tea. The report highlights that the most impacted companies include Paints, GCPL, GUL and Colgate, whereas Marico, Tata Consumer and Dabur are among the least impacted.
Commodities that saw the most QoQ inflation in Q4Brent Crude — QoQ inflation – +26 per cent | YoY inflation – +6 per centHDPE Crude — QoQ inflation – +19 per cent | YoY inflation – +14 per centGold — QoQ inflation – +20 per cent | YoY inflation – +81 per centSunflower oil — QoQ inflation – +18 per cent | YoY inflation – +16 per centLiquid paraffin — QoQ inflation – +14 per cent | YoY inflation – +27 per cent
