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▲ Bullish for Berger Paints
Paintmakers expect a brighter Diwali, but crude prices cloud the outlook
The brief
- Paintmakers expect festive-season growth, helped by improved weather and early demand
- Crude prices cloud the outlook
- Crude-driven input costs may affect margins at Indian paintmakers such as Berger Paints and Asian Paints
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Crude costs and competition for paintmakers
Crude inflation is squeezing paintmakers’ margins as Birla Opus and JSW Dulux intensify the market-share battle. Paintmakers expect festive-season growth, supported by improved weather and early demand, but crude prices cloud the outlook.
Monday, 28 September
- Paintmakers expect a brighter Diwali, but crude prices cloud the outlook