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Iran war hits India's bottled water sector as packing costs rise – report [Yahoo! Finance]

Monster Beverage Corporation (MNST)  More Company Research Source: Yahoo! Finance
Last monster beverage corporation earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.monsterbevcorp.com/events.cfm
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 [Read more]
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Stockreport

Iran war hits India's bottled water sector as packing costs rise – report [Yahoo! Finance]

Monster Beverage Corporation  (MNST) 
More Company Research Source: Yahoo! Finance
Last monster beverage corporation earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.monsterbevcorp.com/events.cfm
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 [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MNST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS