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FMCG players see spike in demand of hand sanitisers, disinfectants as COVID-19 cases surge

Synopsis Companies such as ITC, Himalaya Drug Company and Patanjali said they have ramped up their production capacity to address spurt in demand, assuring that their hygiene products are available to the consumers. Getty Images Sanitisers are making a comeback due to rising Covid cases As the devastating second wave of the COVID-19 pandemic sweeps across India, leading FMCG companies are witnessing a strong surge in demand for their health and hygiene products, including hand sanitiser, hand wash, disinfectant spray and germ protection wipes. Companies such as ITC, Himalaya Drug Company and Patanjali said they have ramped up their production capacity to address spurt in demand, assuring that their hygiene products are available to the consumers.

FMCG firms may hike prices to offset inflationary pressure on raw material

Consumers may have to shell out more money for their daily use products as FMCG firms, which are facing inflationary pressure on their key raw material inputs, are considering marginal hike on their products price to offset it. Some FMCG companies like Marico and others have already gone for price hike, while some which include Dabur, Parle and Patanjali are closely monitoring the situation. FMCG players have been trying to absorb the price increase of raw material inputs such as coconut oil, edible oil and palm oil, but they are unlikely to hold the prices of their commodities for a long time as that will impact their gross margins.

FMCG companies look to hike prices to offset inflationary pressure on raw material inputs

FMCG companies look to hike prices to offset inflationary pressure on raw material inputs SECTIONS Last Updated: Jan 10, 2021, 05:17 PM IST Share Synopsis FMCG players have been trying to absorb the price increase of raw material inputs such as coconut oil, edible oil and palm oil, but they are unlikely to hold the prices of their commodities for a long time as that will impact their gross margins. Agencies Consumers may have to shell out more money for their daily use products as FMCG firms are facing inflationary pressure on raw material inputs NEW DELHI: Consumers may have to shell out more money for their daily use products as FMCG firms, which are facing inflationary pressure on their key raw material inputs, are considering marginal hike on their products price to offset it.

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