Sectoral Equity Indices & Market Analysis
8
Confidential/Restricted
Price Change (%)
ENERGY PRICE INDEX BASED TO 100
-10.0
-20.0
-30.0
-40.0
240.0
220.0
200.0
180.0
160.0
140.0
120.0
100.0
Мил
Classification - Restricted
Industrial commodity consolidating but Energy prices remained elevated...
Tightening of supply of Natural Gas market due to Russia Ukraine
conflict led the Natural Gas prices elevated
Energy Price Movement (%) since Jan 2022
280.0
260.0
While Agri commodities saw mixed trends
Trend in Crude oil Price in the last few months
145
135
125
Natural Gas
Oct-2022
20.0
10.0
0.0
Industrial Commodities: Slower global growth and
weakness in China could keep the Industrial commodity
prices under check
SOURCE: BLOOMBERG
-50.0
Since Jan'2022
Oct-22
LMEX
Metal
-22.5
-1.5
Aluminium
Steel
Copper
-20.9
2.8
-18.9
-5.5
-23.4
-1.5
166.6
in USD/bbl
75
55
212
65
Dec-21
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Sep-22
Oil Demand mb/d
OPEC expects current oil demand continue to rise
115.0
109.5
109.8
-109.8
110.0
108.3
105.5
105.0
93.3
100.0
96.9
95.0
90.0
85.0
Oct-22
CY21
CY25
CY30
CY35
CY40
CY45
Source: Bloomberg
Source: OPEC
Agri Commodities: Agri commodities showed
mixed trend amid changing weather condition and
drought like situation in many parts of the world
including US & Europe
HDFC BANK RESEARCH
Classification - Restricted
BBG
Agriculture
5.9
0.5
Corn
Sugar
Palm Oil
Cotton
Wheat
16.6
2.1
-4.8
1.6
-39.1
10.5
-36.1
-15.6
14.5
-4.3
HDFC BANK
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Source: BloombergView entire presentation