AWL reports 20% rise in oil-linked input costs
after close1 source ↓written by the desknot a recommendation
- in crude-linked input
- 20% surge
AWL Agri Business is facing a 20% surge in crude-linked input costs due to the ongoing West Asia conflict, impacting prices for fuel, chemicals, and packaging materials. CEO Shrikant Kanhere noted that the company is adjusting prices to manage these increased costs while absorbing part of the rise.
This trend is reflected across the industry, with competitors like Hindustan Unilever and Bisleri also raising prices to cope with similar pressures. The situation remains a significant concern for consumer goods manufacturers.
Not investment advice. For informational purposes only.