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Companies suffered a lot in H1FY22 because of erratic rainfall, an increase in pesticide costs, tightened supply & dependence on China for intermediaries.
So, to sustain the crop realizations, in both domestic and international markets, companies had to increase prices across categories, to pass on the higher input costs to the farmer.
Companies in this sector are benefitting from price hikes and channel filling for the upcoming Kharif season. (of course, timely liquidation of the same will have to be tracked in upcoming months)
Companies suffered a lot in H1FY22 because of erratic rainfall, an increase in pesticide costs, tightened supply & dependence on China for intermediaries.
So, to sustain the crop realizations, in both domestic and international markets, companies had to increase prices across categories, to pass on the higher input costs to the farmer.
Companies in this sector are benefitting from price hikes and channel filling for the upcoming Kharif season. (of course, timely liquidation of the same will have to be tracked in upcoming months)
