Dabur, Emami, Parle signal no MRP cuts despite crude slipping below $80/barrel

FMCG majors say price relief is unlikely in the near term even as crude eases from $120 to under $80/barrel. Companies are still working through 2-3 months of high-cost inventory, with packaging costs up 15-50% and freight up 20%. Any consumer-facing cuts may only land by the festive season.

— Source publishedFri, 19 Jun, 2026, 19:29 IST·First seen Fri, 19 Jun, 2026, 20:11 IST·Source NDTV Profit

What happened

FMCG majors Emami, Dabur and Parle say MRP cuts unlikely despite crude falling below $80/barrel, citing high-cost inventory, elevated packaging (up 15-50%) and

Key facts

  • $80/barrel
  • $120/barrel
  • 15-50% packaging
  • 20% freight
  • 2-3 months inventory

Why this matters

Watch for stressed mid-tier FMCG and packaging suppliers squeezed by the 2-3 month input-cost lag, as the gap between crude relief and MRP pass-through opens consolidation windows.