Earnings Presentation Q2 FY24
Q2 Business Context
Hedges Dis-alignment
Dis-alignment of hedges continued, that lead to divergent movement in spot
and future market
Price Disparity
Inventory Levels
Reduced realization of Soyabean Oil as compared to purchase price at origin,
due to excessive imports by industry in recent months
Inventory levels in Sept 2023 are slightly higher compared to June 2023 levels,
on the back of anticipated Festive Demand.
Less Volatile as compared to Q1
Prices of edible oils have been less volatile during the quarter
adani
wilmar
For a healthy growing nation
Discontinuation of TRQ
The benefit of TRQ to industry ended on June 30, 2023
Bangladesh Crisis
Bangladesh currency & interest rate crisis continues
Geopolitical Conflicts
fortune
edible oils and foods
Geopolitical Crises (Ukraine-Russia & Israel-Hamas) continues, although no
significant impact on supply chain.
Earnings Presentation - Q2 FY24View entire presentation