Iran war hits India's bottled water sector as packing costs rise – report [Yahoo! Finance]
Monster Beverage Corporation (MNST)
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Source: Yahoo! Finance
The escalation in oil prices due to the war has raised expenses for items such as plastic bottles, caps, labels, and cardboard boxes. Industry sources say around 2,000 smaller bottled water producers have raised their prices to distributors by Rs1 per bottle, a 5% increase, with further hikes of up to 10% expected soon, according to the Federation of All India Packaged Drinking Water Manufacturers' Association. The federation's secretary general Apurva Doshi said: "There is chaos and within the next 4-5 days, this will start impacting customer prices." Currently, a one-litre bottle is generally sold to consumers for Rs20 (around $0.20). Larger businesses are reportedly absorbing the higher costs for now, but smaller firms have begun passing them along to resellers. Industry correspondence and data show that the price of polymers used in bottle production has climbed by 50% to Rs170 per kilogram. The cost of bottle caps has more than doubled to Rs0.45 each. Other essenti
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MNST
Earnings
- 2/26/26 - Beat
MNST
Sec Filings
- 3/13/26 - Form 4
- 3/13/26 - Form 4
- 3/13/26 - Form 144
- MNST's page on the SEC website