Crude eases below $79, but Emami, Berger flag no festive price cuts as costly inventory lingers
FMCG and durables makers including Emami, Berger Paints, Zydus Wellness and Godrej Enterprises say consumers won't see relief this festive season despite the West Asia de-escalation. High-cost raw material stocks of 2-3 months, plus elevated palm oil, copper and plastic, keep pricing sticky. Emami has taken a 3-4% hike; paints rose 10%.
Despite crude falling below $80/bbl, Indian FMCG and durables makers (Emami, Berger Paints, Zydus Wellness, Godrej) say consumer price cuts unlikely before festive season due to high-cost raw material inventory and elevated palm oil, copper, plastic prices.