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Report: Paint Prices May Climb 2-5% in April Amid High Crude Costs
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Paint Prices May Jump 2-5% in April Amid High Crude Costs: Report
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News18
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11-03-2026, 13:45
Paint Prices May Jump 2-5% in April Amid High Crude Costs: Report
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Paint prices in India could rise by 2-5% in April if crude oil costs remain elevated, according to a Systematix Research report.
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Dealers anticipate price hikes next month, though paint companies have not yet made official announcements, awaiting clarity on crude movements.
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Companies are exercising caution due to high competitive intensity and may implement limited, staggered hikes in Q1 FY27.
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Historically, a 10% crude price increase has led to a 130 basis point decline in gross margins for paint companies.
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Despite potential price changes, demand in the paint industry remains stable, with the economy segment showing faster growth.
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