293subs SIAMCommodityPrice-MonthlyMonitorReportJuly2022
293subs SIAMCommodityPrice-MonthlyMonitorReportJuly2022
July
2022
1
“SIAM Monthly Monitor - Commodity Prices” provides information on price trends of several
commodities, that are relevant for the automobile industry. The commodities includes; Iron & Steel,
Non-Ferrous Metals, Polymers and Rubber. It also contains information on international prices of
crude petroleum, banking & lending rates, foreign exchange rates and policy related developments.
This endeavor is aimed at providing compilation of the price movement of the key commodities for
information and reference for Automobile industry and not meant for influencing commercial
transactions.
This compilation shall not in any way constitute a recommendation by SIAM or its employees for
executing any commercial transaction. The readers of this compilation should make their own careful
assessment, consult their advisors and experts before relying on this information and entering into
any commercial transaction.
DISCLAIMER These are indicative prices only and are sourced from published sources and it may vary depending
on the source.
SIAM expressly disclaims any representation or warranty, express or implied, as to the accuracy or
completeness of the material and information contained herein, and none of them shall have any
liability whatsoever, for any statements contained in, or for any omissions from, this report.
Neither SIAM, nor any of its employees is liable for errors or omissions in this document or for any
loss or damage suffered by any person because of use or placing reliance on the contents of this
document.
2
CONTENT
Iron & Steel 4
Non-Ferrous Metals 15
Polymers 24
Rubber 28
Crude Petroleum 34
Other Rates 36
IRON &
STEEL
HR Steel
Movement of HR Steel Prices (1.8 mm, IS2062) 2021-22 2022-23 Commodity HR Steel
99,000
Month-Year ₹/Tonne
Aug-21 67,606-68,494
88,000
Sept-21 65,906-66,794
₹/Tonne
Oct-21 67,906-68,794
82,500
Nov-21 69,906-70,794
Jan-22 64,906-65,794
71,500
Feb-22 66,406-67,294
April-22 77,500-78,500
60,500
May-22 71,125-72,125
June-22 62,900-63,900
55,000
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 60,500-61,500
5
CR Steel
Movement of CR Steel (0.90 mm, IS 513 Gr O) 2021-22 2022-23 Commodity CR Steel
1,09,000
Month-Year ₹/Tonne
1,03,500 July-21 78,906-79,795
Aug-21 78,406-79,295
98,000
Sept-21 75,406-76,295
Nov-21 80,406-81,295
87,000
Dec-21 76,406-77,295
Jan-22 71,056-71,945
81,500
Feb-22 72,056-72,945
April-22 85,750-86,750
70,500
May-22 79,250-80,250
6
Alloy Steel – Forging
Movement of Alloy Steel (Forging) - 20MnCr5 Prices 2021-22 2022-23
Commodity Alloy Steel - Forging
1,18,000
Month-Year ₹/Tonne
1,13,500
July-21 79,000
1,09,000 Aug-21 79,000
Oct-21 80,000
1,00,000
Nov-21 83,375
95,500
Dec-21 82,000
Mar-22 83,500
82,000
April-22 89,600
77,500
May-22 89,250
7
Alloy Steel - Forging
Movement of Alloy Steel (Forging)-EN 8 prices Commodity Alloy Steel
2021-22 2022-23
1,17,000
Month-Year ₹/Tonne
July-21 78,000
1,11,500
Aug-21 78,000
Sept-21 77,250
1,06,000
Oct-21 79,000
1,00,500
Nov-21 82,375
Dec-21 81,000
95,000
Jan-22 77,375
Mar-22 82,500
84,000
April-22 88,600
June-22 84,875
73,000
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar July-22 83,200
8
Pig Iron
Movement of Pig Iron Prices (For Castings – Gray Iron Commodity Pig Iron
2021-22 2022-23
Aug-21 45,250
80,000
Sept-21 45,675
Oct-21 48,500
Dec-21 46,100
Jan-22 47,500
60,000
Feb-22 50,125
Mar-22 61,875
May-22 66,000
June-22 58,750
40,000
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar July-22 54,200
Source: Published Data (Punjab {Grade B}- Basic rate, excluding GST & Freight)
9
Stainless Steel
Movement of Stainless Steel Prices (G 304 CR Coil) 2021-22 2022-23 Commodity Stainless Steel
3,15,000
Month-Year ₹/Tonne
2,90,000 July-21 1,52,750-1,62,750
Aug-21 1,67,750-1,77,750
2,65,000
Sept-21 1,76,750-1,86,750
Oct-21 1,86,750-1,96,750
2,40,000
Nov-21 1,76,750-1,86,750
Dec-21 1,71,750-1,81,750
2,15,000
Jan-22 1,61,750-1,71,750
Feb-22 1,66,750-1,76,750
1,90,000
*Mar-22 -
*April-22 -
1,65,000
May-22 2,78,750-2,82,250
June-22 2,59,400-2,61,800
1,40,000
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 2,46,250-2,49,250
10
Stainless Steel
Movement of Stainless Steel Prices (G 304 HR Coil) Stainless Steel
Commodity
2021-22 2022-23 (G 304 HR Coil)
Month-Year ₹/Tonne
2,94,000
July-21 1,43,500-1,52,900
Aug-21 1,58,500-1,67,900
Oct-21 1,77,500-1,86,900
Dec-21 1,62,500-1,71,900
Jan-22 1,52,500-1,61,900
1,98,000
Feb-22 1,57,500-1,66,900
*Mar-22 -
1,66,000
*April-22 -
May-22 2,58,750-2,62,250
1,34,000
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar June-22 2,39,200-2,41,800
July-22 2,34,500-2,37,000
11
Steel Scrap
Movement of Steel Scrap Prices (RM end Scrap)
2021-22 2022-23
Commodity Steel Scrap
92,000
Month-Year ₹/Tonne
July-21 37,720
82,000
Aug-21 39,500
Sept-21 39,250
72,000
Oct-21 42,500
Nov-21 44,400
62,000 Dec-21 41,400
Jan-22 41,000
Mar-22 51,075
April-22 54,680
42,000
May-22 50,750
June-22 42,750
32,000
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar July-22 46,600
12
Coal (Coking Coal)
Movement of Coal Prices - Premium HCC, Australia-origin in USD Commodity Coal (Coking Coal)
2021-22 2022-23
840
Month-Year $/Tonne
July-21 209
690
Aug-21 228
Sept-21 350
Oct-21 398
540
Nov-21 368
Dec-21 342
Feb-22 445
Mar-22 617
May-22 539
June-22 407
90
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar July-22 264
13
Iron Ore
Movement of Iron Ore Prices - Fe 62% (Australia Origin) Commodity Iron Ore
2021-22 2022-23
245
Month-Year $/Tonne
220 July-21 217
Aug-21 162
195
Sept-21 125
Oct-21 124
170
Nov-21 95
Dec-21 116
145
Jan-22 133
Feb-22 143
120
Mar-22 150
95 April-22 151
May-22 134
70 June-22 130
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 107
14
Non-Ferrous
Metals
Virgin Aluminium
Movement of Virgin Aluminium Prices Commodity Virgin Aluminium
2021-22 2022-23
Month-Year $/Tonne
3,800
July-21 2,504.11
Aug-21 2,601.83
3,500
Sept-21 2,852.11
Oct-21 2,954.48
3,200
Nov-21 2,640.68
Dec-21 2,694.38
2,900
Jan-22 3,002.18
Feb-22 3,259.70
2,600
Mar-22 3,536.72
April-22 3,256.60
2,300
May-22 2,826.40
June-22 2,562.90
2,000
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 2,401.60
16
Copper
Movement of Copper Prices 2021-22 2022-23 Commodity Copper
12,200
Month-Year $/Tonne
11,400
July-21 9,464.20
10,600
Aug-21 9,371.67
Sept-21 9,345.67
9,800
$/Tonne
Oct-21 9,776.36
9,000
Nov-21 9,840.50
Dec-21 9,555.56
8,200
Jan-22 9,773.10
7,400
Feb-22 9,938.60
Mar-22 10,235.80
6,600
April-22 10,183.10
5,800
May-22 9,362.80
June-22 9,033.10
5,000
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 7,529.80
17
Lead
Movement of Lead Prices 2021-22 2022-23 Commodity Lead
3,500
Month-Year $/Tonne
July-21 2,323.70
3,100
Aug-21 2,319.95
Sept-21 2,219.25
Oct-21 2,338.21
2,700
$/Tonne
Nov-21 2,398.65
Dec-21 2,303.62
Feb-22 2,298.43
Mar-22 2,358.11
1,900
April-22 2,396.70
May-22 2,145.20
18
Nickel
Movement of Nickel Prices
2021-22 2022-23
Commodity Nickel
44,000
Month-Year $/Tonne
July-21 18,819.59
39,000
Aug-21 19,159.62
Sept-21 19,349.55
34,000
Oct-21 19,412.14
$/Tonne
Nov-21 19,678.50
Jan-22 22,312.75
Mar-22 37,790.30
April-22 33,298.40
19,000
May-22 27,950.00
June-22 25,837.50
14,000
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar July-22 21,483.30
19
Zinc
Movement of Zinc Prices 2021-22 2022-23 Commodity Zinc
5,350
Month-Year $/Tonne
July-21 2,958.11
4,900
Aug-21 2,995.52
Sept-21 3,052.23
4,450
Oct-21 3,368.83
$/Tonne
Nov-21 3,316.00
4,000 Dec-21 3,304.44
Jan-22 3,608.63
Mar-22 3,972.93
May-22 3,759.50
June-22 3,644.00
2,650
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 3,097.20
20
Platinum
Movement of Platinum Prices 2021-22 2022-23 Commodity Platinum
5,000
Month-Year ₹/gm
4,500 July-21 2,624.68
Aug-21 2,422.86
4,000
Sept-21 2,324.92
Oct-21 2,468.74
3,500
Nov-21 2,498.53
₹/gm
Dec-21 2,314.62
3,000
Jan-22 2,394.26
Feb-22 2,552.96
2,500
Mar-22 2,591.72
April-22 2,388.14
2,000
May-22 2,411.58
June-22 2,407.51
1,500
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 2,249.76
21
Palladium
Commodity Palladium
Movement of Palladium Prices 2021-22 2022-23
July-21 6,583.30
7,150
Aug-21 6,097.15
Oct-21 4,906.97
6,250
Nov-21 4,849.57
Jan-22 4,859.60
5,350
Feb-22 5,703.33
Mar-22 6,485.26
4,900
April-22 5,761.41
4,450
May-22 5,200.39
June-22 4,865.55
4,000
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 5,089.17
22
Rhodium
Movement of Rhodium Prices 2021-22 2022-23 Commodity Rhodium
Aug-21 44,019.18
70,000
Sept-21 34,701.11
Nov-21 33,904.27
57,000
Dec-21 33,982.47
50,500
Jan-22 39,507.40
Mar-22 47,558.04
37,500
April-22 46,246.30
June-22 35,028.86
24,500
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 36,485.26
23
Polymers
Poly Propylene
Movement of Poly Propylene Prices Commodity Poly Propylene
2021-22 2022-23
Month-Year ₹/kg
190
July-21 108.80
Aug-21 113.70
172
Sept-21 115.80
Oct-21 124.50
Nov-21 131.70
₹/kg
154
Dec-21 119.40
Jan-22 115.90
136
Feb-22 124.00
Mar-22 133.50
May-22 129.60
June-22 121.50
100
Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar
July-22 115.60
25
Acrylonitrile Butadiene Styrene (ABS)
Acrylonitrile Butadiene
Movement of ABS Prices 2021-22 2022-23 Commodity
Styrene (ABS)
470
Month-Year ₹/kg
420 July-21 205.10
Aug-21 190.50
370
Sept-21 218.50
320
Oct-21 241.90
Dec-21 201.10
220
Jan-22 181.90
170 Feb-22 179.30
April-22 209.40
70
May-22 181.20
20 June-22 174.80
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 171.00
26
Poly Carbonate
Movement of Poly Carbonate Prices 2021-22 2022-23 Commodity Poly Carbonate
Oct-21 302.60
325
Nov-21 288.80
₹/kg
Jan-22 253.40
215
Feb-22 245.90
April-22 275.50
105
May-22 266.70
June-22 241.90
50
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 234.70
27
Rubber
Natural Rubber (RSS 4)
Movement of Natural Rubber (RSS 4) Prices 2021-22 2022-23 Commodity Natural Rubber (RSS 4)
July-21 168.38
250
Aug-21 177.36
Sept-21 174.12
200 Oct-21 171.14
Nov-21 182.79
₹/kg
Jan-22 162.16
100 Feb-22 163.85
Mar-22 170.76
50 April-22 170.72
May-22 172.70
0 June-22 176.46
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 176.25
Source: Published Data
29
Synthetic Rubber - SBR
Commodity Synthetic Rubber - SBR
Movement of Synthetic Rubber Prices – SBR 1502 2021-22 2022-23
Month-Year ₹/kg
260 Jul-21 159.85
Aug-21 160.71
Sept-21 167.79
220
Oct-21 162.03
Nov-21 162.06
180
Dec-21 155.48
₹/kg
Jan-22 147.70
140
Feb-22 151.98
Mar-22 173.29
May-22 194.65
June-22 178.80
60
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 173.88
30
Ethylene Propylene Diene Monomer (EPDM)
Ethylene Propylene
Commodity
Diene Monomer (EPDM)
Movement of EPDM Prices 2021-22 2022-23
Month-Year ₹/kg
600
July-21 372.63
Aug-21 370.92
Oct-21 374.58
Nov-21 437.47
400
Dec-21 442.82
₹/kg
Jan-22 437.35
300
Feb-22 450.02
Mar-22 323.55
200 April-22 332.92
May-22 337.61
31
Carbon Black
Commodity Carbon Black
2021-22 2022-23
Movement of Carbon Black Prices – N330
Month-Year ₹/kg
250
Jul-21 194.65
Sept-21 194.44
200 Oct-21 203.69
Nov-21 203.69
175
Dec-21 203.69
₹/kg
Jan-22 224.13
150
Feb-22 224.13
April-22 131.54
100
May-22 142.83
June-22 136.90
75
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar
July-22 127.04
32
Polybutadiene Rubber
Movement of Polybutadiene Rubber Prices (1220 Grade) 2021-22 2022-23 Commodity Polybutadiene Rubber
Sept-21 1,80,790
2,08,000
Oct-21 1,64,520
Nov-21 1,71,670
1,93,000
Dec-21 1,76,510
Feb-22 1,70,510
April-22 2,06,040
1,48,000
May-22 2,09,960
Jun-22 2,14,760
1,33,000
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar July-22 2,13,420
33
Crude
Petroleum
Crude Oil
Movement of Crude Oil Prices – Europe Brent Spot Price FOB 2021-22 2022-23 Europe Brent Spot Price FOB
Sept-21 75.32
122
Oct-21 84.12
$/Barrel
Dec-21 78.16
98
Jan-22 90.12
86 Feb-22 99.36
Mar-22 123.60
74
Apr-22 103.92
62 May-22 117.66
Jun-22 116.83
50
Apr May June Jul Aug Sept Oct Nov Dec Jan Feb Mar Jul-22 113.53
35
Other
Rates
Banking Policy & Lending Rates
Rates Cash Reserve Ratio Bank Rate Base Rate
Unit / Year Per cent Per cent p.a. Per cent p.a.
37
Foreign Exchange Rate – US Dollar
Rupees per Unit of US Dollar
2021-22 2022-23
2021-22 2022-23
Month
Buying Selling Buying Selling
96.00
Apr 74.65 75.18 75.88 76.41
Rupees per Unit of US Dollar
38
Foreign Exchange Rate - Pound Sterling
BUYING Foreign Exchange Rate - Pound Sterling
2021-22 2022-23
123
2021-22 2022-23
Rupees per Unit of Pound Sterling
Month
Buying Selling Buying Selling
115
Apr 102.25 103.38 98.48 99.57
39
Foreign Exchange Rate - Euro
Foreign Exchange Rate - Euro
BUYING 2021-22 2022-23
111
Apr 88.55 89.52 82.05 82.95
40
Foreign Exchange Rate - Yen
BUYING 2021-22 2022-23 Foreign Exchange Rate - Yen
80
2021-22 2022-23
Month
Buying Selling Buying Selling
75
Rupees per 100 Yen
41
Foreign Exchange Rate – Renminbi
Foreign Exchange Rate – Renminbi
2021-22 2022-23
8 Nov-2021 11.65
Dec-2021 11.90
Jan-2022 11.59
5 Feb-2022 11.86
Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar
Mar-2022 12.08
Source: Published Data
42
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