You are on page 1of 44

SIAM Monthly Monitor

November
2021
“SIAM Monthly Monitor - Commodity Prices” is an initiative
of SIAM Aatmanirbhar Bharat - Sourcing Group, which
provides information on price trends of various
commodities, which are relevant for the Automobile
industry. The group of 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
DISCLAIM ER
rates and policy related developments.

The data sources are selected based on the advice of the


industry experts, Sourcing Heads of Automobile OEMs.

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.

These are indicative prices only and are sourced from


published sources and submitted by industry participants
(like some manufacturers) and it may vary depending on
the source.

Each member and contributor of the SIAM Aatmanirbhar


Bharat - Sourcing Group and 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.

Society of Indian Automobile Manufacturers (SIAM)

Commodity Prices: Monthly Monitor SIAM 2


Content
A. Iron & Steel …. 4

B. Non-Ferrous Metals …. 15

C. Polymers …. 24

D. Rubber …. 28

E. Crude Petroleum ..... 34

F. Other Rates …. 36

Commodity Prices: Monthly Monitor SIAM 3


A. Iron & Steel

Commodity Prices: Monthly Monitor SIAM 4


HR Steel
Movement of HR Steel Prices (Base Grade) 2020-21 2021-22
80000
78000
76000
74000
72000
70000
68000
66000
64000
62000
Rs/tonne

60000
58000
56000
54000
52000
50000
48000
46000
44000
42000
40000
38000
36000
April May June July August September October November December January February March

Commodity HR Steel
Month-Year Rs/tonne
Nov-20 45,106-45,994
Dec-20 50,606-51,494
Jan-21 53,606-54,494
Feb-21 51,106-51,994
Mar-21 52,106-52,994
April-21 58,106-58,994
May-21 65,606-66,494
June-21 69,106-69,994
July-21 67,106-67,994
Aug-21 67,606-68,494
Sept-21 65,906-66,794
Oct-21 67,906-68,794
Nov-21 69,906-70,794
Data Source: Industry

Commodity Prices: Monthly Monitor SIAM 5


CR Steel (D)
Movement of CR Steel (D) Prices 2020-21 2021-22
90000
87500
85000
82500
80000
77500
75000
72500
70000
67500
65000
62500
60000
57500
55000
52500
50000
47500
45000
42500
April May June July August September October November December January February March

Commodity CR Steel (D)

Month- Year Rs/tonne


Nov-20 52,906-53,795
Dec-20 58,406-59,295
Jan-21 62,406-63,295
Feb-21 59,906-60,795
Mar-21 60,906-61,795
April-21 68,906-69,795
May-21 76,906-77,795
June-21 80,906-81,795
July-21 78,906-79,795
Aug-21 78,406-79,295
Sept-21 75,406-76,295
Oct-21 78,406-79,295
Nov-21 80,406-81,295
Data Source: Industry

Commodity Prices: Monthly Monitor SIAM 6


Alloy Steel – Forging (20MnCr5)
Movement of Alloy Steel (Forging) - 20Mn Cr5 Prices 2020-21 2021-22
88300
86500
84700
82900
81100
79300
77500
75700
73900
72100
70300
68500
66700
64900
63100
61300
59500
57700
April May June July August September October November December January February March

Commodity Alloy Steel - Forging(20MnCr 5)


Month- Year Rs/tonne
Nov-20 67,250
Dec-20 70,000
Jan-21 74,600
Feb-21 72,500
Mar-21 72,500
April-21 75,600
May-21 80,750
June-21 80,750
July-21 79,000
Aug-21 79,000
Sept-21 78,250
Oct-21 80,000
Nov-21 83,375
Data Source: Estimated from Published Data Source

Commodity Prices: Monthly Monitor SIAM 7


Alloy Steel - Forging (EN 8)
Movement of Alloy Steel (Forging)-EN 8 prices
2020-21 2021-22
89900
88100
86300
84500
82700
80900
79100
77300
75500
73700
71900
70100
68300
66500
64700
62900
61100
59300
57500
55700
April May June July August September October November December January February March

Commodity Alloy Steel – Forging (EN-8)


Month- Year Rs/tonne
Nov-20 66,250
Dec-20 69,000
Jan-21 73,600
Feb-21 71,500
Mar-21 71,500
April-21 74,600
May-21 79,750
June-21 79,750
July-21 78,000
Aug-21 78,000
Sept-21 77,250
Oct-21 79,000
Nov-21 82,375
Data Source: Published Data Source

Commodity Prices: Monthly Monitor SIAM 8


Pig Iron (For Castings - Gray Iron)
2020-21 2021-22
65000

60000

55000

50000

45000

40000

35000

30000

25000

20000
April May June July August September October NovemberDecember January February March

Commodity Pig Iron (For Castings – Gray Iron)


Month- Year Rs/tonne
Nov-20 37,060
Dec-20 38,750
Jan-21 43,550
Feb-21 41,875
Mar-21 43,800
April-21 46,625
May-21 47,500
June-21 46,875
July-21 45,600
Aug-21 45,250
Sept-21 45,675
Oct-21 48,500
Nov-21 46,875
(Punjab {Grade B}- Basic rate, Data Source: Industry
excluding GST & Freight)

Commodity Prices: Monthly Monitor SIAM 9


Stainless Steel (G 304 CR Coil 2mm)
Movement of Stainless Steel-G 304 CR Coil Prices 2020-21 2021-22
195000

185000

175000

165000

155000

145000

135000

125000

115000

105000
April May June July August September October November December January February March

Stainless Steel
Commodity (G 304 CR Coil 2 mm)
Month- Year Rs/tonne
Nov-20 1,42,250-1,52,250
Dec-20 1,50,250-1,60,250
Jan-21 1,54,250-1,64,250
Feb-21 1,52,250-1,62,250
Mar-21 1,49,250-1,59,250
April-21 1,43,250-1,53,250
May-21 1,40,750-1,50,750
June-21 1,40,750-1,50,750
July-21 1,52,750-1,62,750
Aug-21 1,67,750-1,77,750
Sept-21 1,76,750-1,86,750
Oct-21 1,86,750-1,96,750
Nov-21 1,76,750-1,86,750
Data Source: Industry
10

Commodity Prices: Monthly Monitor SIAM


Stainless Steel (G 304 HR Coil)
Movement of Stainless Steel (G 304 HR Coil) Prices 2020-21 2021-22
250000
240000
230000
220000
210000
200000
190000
180000
170000
160000
150000
140000
130000
120000
110000
100000
90000
April May June July August September October November December January February March

Commodity Stainless Steel (G 304 HR Coil)


Month- Year Rs/tonne
Nov-20 1,33,000-1,42,400
Dec-20 1,41,000-1,50,400
Jan-21 1,45,000-1,54,400
Feb-21 1,43,000-1,52,400
Mar-21 1,40,000-1,49,400
April-21 1,34,000-1,43,400
May-21 1,31,500-1,40,900
June-21 1,31,500-1,40,900
July-21 1,43,500-1,52,900
Aug-21 1,58,500-1,67,900
Sept-21 1,67,500-1,76,900
Oct-21 1,77,500-1,86,900
Nov-21 1,67,500-1,76,900
Data Source: Industry

Commodity Prices: Monthly Monitor SIAM 11


Steel Scrap (Rolling Mill end Scrap)
Movement of RM Mill End Scrap Prices 2020-21 2021-22
45000

40000

35000

30000

25000

20000

15000

10000

5000
April May June July August September October November December January February March

Commodity Steel Scrap (RM end Scrap)


Month- Year Rs/tonne
Nov-20 30,160
Dec-20 33,475
Jan-21 37,500
Feb-21 34,375
Mar-21 33,580
April-21 36,800
May-21 40,260
June-21 38,750
July-21 37,720
Aug-21 39,500
Sept-21 39,250
Oct-21 42,500
Nov-21 44,400
Data Source: Industry
MG - Punjab -Basic rate

Commodity Prices: Monthly Monitor SIAM 12


Coal (Coking Coal)
Movement of Coal Prices 2020-21 2021-22
550
500
450
FOB Australia ($/tonne)

400
350
300
250
200
150
100
50
0 April May June July August September October November December January February March

Commodity Coal (Coking Coal)


Month- Year $/tonne
Nov-20 102
Dec-20 101
Jan-21 126
Feb-21 144
Mar-21 116
April-21 110
May-21 122
June-21 174
July-21 209
Aug-21 228
Sept-21 350
Oct-21 398
*Nov-21 -
*Data not updated by Source Data Source: Industry

Commodity Prices: Monthly Monitor SIAM 13


Iron Ore
Movement of Coal Prices 2020-21 2021-22
250

230
Fe: 62%; CIF Australia to China ($/tonne)

210

190

170

150

130

110

90

70 April May June July August September October November December January February March

Commodity Iron Ore


Month- Year $/tonne
Nov-20 123
Dec-20 154
Jan-21 171
Feb-21 161
Mar-21 168
April-21 178
May-21 209
June-21 214
July-21 217
Aug-21 162
Sept-21 125
Oct-21 124
Nov-21 95
Data Source: Industry

Commodity Prices: Monthly Monitor SIAM 14


B. Non-Ferrous Metals

Commodity Prices: Monthly Monitor SIAM 15


Virgin Aluminium
Movement of Virgin Aluminium Prices 2020-21 2021-22
3450
3250
3050
2850
2650
2450
2250
2050
1850
1650
1450
April May June July August September October November December January February March

Commodity Virgin Aluminium


Month- Year US $/tonne
Nov-20 1,945.50
Dec-20 2,028.90
Jan-21 2,005.05
Feb-21 2,085.38
Mar-21 2,212.17
April-21 2,333.25
May-21 2,453.71
June-21 2,445.59
July-21 2,504.11
Aug-21 2,601.83
Sept-21 2,852.11
Oct-21 2,954.48
Nov-21 2,640.68
Data Source: Published Data Source

Commodity Prices: Monthly Monitor SIAM 16


Copper
Movement of Copper Prices 2020-21 2021-22
10900

10400

9900

9400

8900

8400

7900

7400

6900

6400

5900

5400

4900
April May June July August September October November December January February March

Commodity Copper
Month- Year US $/tonne
Nov-20 7,078.19
Dec-20 7,771.50
Jan-21 7,978.38
Feb-21 8,439.78
Mar-21 8,988.20
April-21 9,324.13
May-21 10,196.05
June-21 9,637.98
July-21 9,464.20
Aug-21 9,371.67
Sept-21 9,345.67
Oct-21 9,776.36
Nov-21 9,840.50
Data Source: Published Data Source

Commodity Prices: Monthly Monitor SIAM 17


Lead
Movement of Lead Prices 2020-21 2021-22
3100

2600

2100

1600

1100

600 April May June July August September October November December January February March

Commodity Lead
Month- Year US $/tonne
Nov-20 1,929.79
Dec-20 2,028.62
Jan-21 2,032.30
Feb-21 2,098.30
Mar-21 1,982.72
April-21 2,028.03
May-21 2,194.50
June-21 2,192.25
July-21 2,323.70
Aug-21 2,319.95
Sept-21 2,219.25
Oct-21 2,338.21
Nov-21 2,398.65
Data Source: Published Data Source

Commodity Prices: Monthly Monitor SIAM 18


Nickel
Movement of Nickel Prices 2020-21 2021-22
20000

19000

18000

17000

16000

15000

14000

13000

12000

11000

10000
April May June July August SeptemberOctoberNovemberDecemberJanuary February March

Commodity Nickel
Month- Year US $/tonne
Nov-20 15,837.43
Dec-20 16,870.00
Jan-21 17,892.30
Feb-21 18,610.30
Mar-21 16,506.30
April-21 16,524.90
May-21 17,634.53
June-21 17,962.36
July-21 18,819.59
Aug-21 19,159.62`
Sept-21 19,349.55
Oct-21 19,412.14
Nov-21 19,678.50
Data Source: Published Data Source

Commodity Prices: Monthly Monitor SIAM 19


Zinc
Movement of Zinc Prices 2020-21 2021-22
3450
3300
3150
3000
2850
2700
2550
2400
2250
2100
1950
1800
April May June July August September October November December January February March

Commodity Zinc
Month- Year US $/tonne
Nov-20 2,682.26
Dec-20 2,809.14
Jan-21 2,730.95
Feb-21 2,761.93
Mar-21 2,808.54
April-21 2,846.80
May-21 2,985.50
June-21 2,965.48
July-21 2,958.11
Aug-21 2,995.52
Sept-21 3,052.23
Oct-21 3,368.83
Nov-21 3,316.00
Data Source: Published Data Source

Commodity Prices: Monthly Monitor SIAM 20


Platinum
Movement of Platinum Prices 2020-21 2021-22
5000

4500

4000

3500

3000

2500

2000

1500

1000
April May June July August SeptemberOctober NovemberDecember January February March

Commodity Platinum
Month- Year Rs/gm
Nov-20 2,194.46
Dec-20 2,450.46
Jan-21 2,578.65
Feb-21 2,845.35
Mar-21 2,785.10
April-21 2,913.58
May-21 2,890.02
June-21 2,680.70
July-21 2,624.68
Aug-21 2,422.86
Sept-21 2,324.92
Oct-21 2,468.74
Nov-21 2,498.53
Data Source: Published Data Source

Commodity Prices: Monthly Monitor SIAM 21


Palladium
Movement of Palladium Prices 2020-21 2021-22
8000
7750
7500
7250
7000
6750
6500
6250
6000
5750
5500
5250
5000
4750
4500

Commodity Palladium
Month- Year Rs/gm
Nov-20 5,654.59
Dec-20 5,591.78
Jan-21 5,633.70
Feb-21 5,544.84
Mar-21 5,838.83
April-21 6,679.03
May-21 6,841.43
June-21 6,475.69
July-21 6,583.30
Aug-21 6,097.15
Sept-21 5,062.84
Oct-21 4,906.97
Nov-21 4,849.57
Data Source: Published Data Source

Commodity Prices: Monthly Monitor SIAM 22


Rhodium
Movement of Rhodium Prices 2020-21 2021-22
85500
81000
76500
72000
67500
63000
58500
54000
49500
45000
40500
36000
31500
27000
22500
18000
April May June July August September October November December January February March

Commodity Rhodium
Month- Year Rs/gm
Nov-20 35,964.65
Dec-20 38,863.87
Jan-21 46,463.80
Feb-21 52,632.56
Mar-21 64,295.84
April-21 68,894.95
May-21 64,288.99
June-21 51,437.26
July-21 44,966.13
Aug-21 44,019.18
Sept-21 34,701.11
Oct-21 33,534.23
Nov-21 33,904.27
Data Source: Published Data Source

Commodity Prices: Monthly Monitor SIAM 23


C. Polymers

Commodity Prices: Monthly Monitor SIAM 24


Poly Propylene
Movement of Poly Propylene Prices 2020-21 2021-22

145

135

125

115

105

95

85

75

65

55
April May June July August September October November December January February March

Commodity Poly Propylene


Month- Year Rs/kg
Nov-20 91.80
Dec-20 101.60
Jan-21 112.40
Feb-21 121.70
Mar-21 144.20
April-21 130.80
May-21 116.00
June-21 105.60
July-21 108.80
Aug-21 113.70
Sept-21 115.80
Oct-21 124.50
Nov-21 131.70
Data Source : Published Data Source

Commodity Prices: Monthly Monitor SIAM 25


Acrylonitrile Butadiene Styrene (ABS)
Movement of ABS Prices 2020-21 2021-22

470

420

370

320

270

220

170

120

70

20
April May June July August September October November December January February March

Acrylonitrile Butadiene Styrene


Commodity (ABS)

Month- Year Rs/kg


Nov-20 179.90
Dec-20 293.10
Jan-21 266.70
Feb-21 252.50
Mar-21 285.30
April-21 265.50
May-21 236.90
June-21 226.50
July-21 205.10
Aug-21 190.50
Sept-21 218.50
Oct-21 241.90
Nov-21 229.70
Data Source: Published Data Source

Commodity Prices: Monthly Monitor SIAM 26


Poly Carbonate
Movement of Poly Carbonate Prices 2020-21 2021-22
500
470
440
410
380
350
320
290
260
230
200
170
140
110
80
50
April May June July August September October November December January February March

Commodity Poly Carbonate


Month- Year Rs/kg
Nov-20 157.50
Dec-20 235.40
Jan-21 244.30
Feb-21 243.30
Mar-21 284.20
April-21 293.20
May-21 290.80
June-21 280.10
July-21 269.90
Aug-21 265.20
Sept-21 291.70
Oct-21 302.60
Nov-21 288.80
Data Source: Published Data Source

Commodity Prices: Monthly Monitor SIAM 27


D. Rubber

Commodity Prices: Monthly Monitor SIAM 28


Natural Rubber (RSS 4)
Movement of Natural Rubber (RSS 4) Prices 2020-21 2021-22
300

250

200

150

100

50

0
April May June July August SeptemberOctober NovemberDecember January February March

Commodity Natural Rubber (RSS 4)


Month- Year Rs/kg
Nov-20 156.17
Dec-20 158.42
Jan-21 151.88
Feb-21 156.04
Mar-21 166.59
April-21 166.65
May-21 169.82
June-21 169.22
July-21 168.38
Aug-21 177.36
Sept-21 174.12
Oct-21 171.14
Nov-21 182.79

Data Source: Industry

Commodity Prices: Monthly Monitor SIAM 29


Synthetic Rubber - SBR (1502)
Movement of Synthetic Rubber Prices 2020-21 2021-22
280
260
240
220
200
180
160
140
120
100
80
60
April May June July August September October November December January February March

Commodity Synthetic Rubber-SBR (1502)


Month- Year Rs/kg
Nov-20 142.64
Dec-20 149.34
Jan-21 142.07
Feb-21 149.83
Mar-21 170.08
April-21 170.74
May-21 157.45
June-21 146.29
Jul-21 159.85
Aug-21 160.71
Sept-21 167.79
Oct-21 162.03
Nov-21 162.06
Data Source: Industry

Commodity Prices: Monthly Monitor SIAM 30


Ethylene Propylene Diene Monomer (EPDM)

Movement of EPDM Prices 2020-21 2021-22


580
540
500
460
420
380
340
300
260
220
180
140
100 April May June July August September October November December January February March

Ethylene Propylene Diene Monomer


Commodity (EPDM)
Month- Year Rs/kg
Nov-20 299.20
Dec-20 296.68
Jan-21 313.00
Feb-21 311.49
Mar-21 334.39
April-21 372.36
May-21 366.55
June-21 367.79
July-21 372.63
Aug-21 370.92
Sept-21 367.82
Oct-21 374.58
Nov-21 437.47
Data Source: Industry

Commodity Prices: Monthly Monitor SIAM 31


Carbon Black
Movement of Carbon Black Prices 2020-21 2021-22
300

280

260

240

220

200

180

160

140

120

100
April May June July August September October November December January February March

Commodity Carbon Black


Month- Year Rs/kg
Nov-20 128.74
Dec-20 128.74
Jan-21 153.20
Feb-21 153.20
Mar-21 153.20
April-21 177.43
May-21 177.43
June-21 177.43
Jul-21 194.65
Aug-21 194.44
Sept-21 194.44
Oct-21 203.69
Nov-21 203.69
Data Source: Industry

Commodity Prices: Monthly Monitor SIAM 32


Polybutadiene Rubber (1220 Grade)
2020-21 2021-22
193500
187000
180500
174000
167500
161000
154500
148000
141500
135000
128500
122000
115500
109000
102500
96000
89500
83000
76500
70000
April May June July August September October November December January February March

Commodity Polybutadiene Rubber (1220 Grade)


Month- Year Rs/tonne
Nov-20 1,32,004
Dec-20 1,55,590
Jan-21 1,52,420
Feb-21 1,46,630
Mar-21 1,61,880
April-21 1,84,270
May-21 1,74,502
June-21 1,58,188
Jul-21 1,65,058
Aug-21 1,80,910
Sept-21 1,80,790
Oct-21 1,64,520
Nov-21 1,71,670
Data Source: Industry

Commodity Prices: Monthly Monitor SIAM 33


E. Crude Petroleum

Commodity Prices: Monthly Monitor SIAM 34


Crude Oil
2020-21 2021-22
98
91
84
77
70
63
56
49
42
35
28
21
14
7
0
Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar

Europe Brent Spot Price FOB (Dollars per Barrel)


Month/Year 2020-21 2021-22
April 14.24 66.96
May 33.70 69.02
June 41.69 75.41
July 43.22 75.75
August 45.26 71.02
September 40.89 75.32
October 37.91 84.12
November 46.43 80.24
December 50.61
January 55.18
February 65.77
March 62.51
Data Source: Energy Information Administration, US

Commodity Prices: Monthly Monitor SIAM 35


F. Other Rates

Commodity Prices: Monthly Monitor SIAM 36


Banking Policy & Lending Rates
Rates Cash Reserve Ratio Bank Rate Base Rate

Unit / Year Per cent Per cent p.a. Per cent p.a.

April – 2021 3.50 4.25 7.40 – 8.80

May - 2021 3.50 4.25 7.40 – 8.80

June - 2021 4.00 4.25 7.40 – 8.80

July-2021 4.00 4.25 7.40 – 8.80

Aug-2021 4.00 Data Source: Reserve


4.25 7.40 – 8.80
Bank of India

Sept-2021 4.00 4.25 7.30 – 8.80

Oct-2021 4.00 4.25 7.30 – 8.80

Nov-2021 4.00 4.25 7.30 – 8.80

Dec-2021 4.00 4.25 7.25 – 8.80

Commodity Prices: Monthly Monitor SIAM 37


Foreign Exchange Rate – US Dollar
BUYING 2020-21 2021-22
80
78
76
74
72
70
68
66
64
62
60
Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar

Rupees per Unit of US Dollar

2020-21 2021-22
Year/ Month
Buying Selling Buying Selling
Apr 75.75 76.28 74.65 75.18

May 75.04 75.57 73.23 73.75

June 75.83 76.36 72.68 73.20


July 74.96 75.49 74.22 74.75
Aug 74.57 75.10 73.98 74.51
Sep
73.21 73.33 73.18 73.70
Oct
72.80 73.32 74.73 75.26
Nov
73.99 74.52 74.12 74.65
Dec
73.36 73.88 75.37 75.90
Jan
72.91 73.43
Feb
72.52 73.04
Mar
72.41 72.93

Data Source: IOB

38
Foreign Exchange Rate - Pound Sterling
BUYING 2020-21 2021-22
114

106

98

90

82

74

66

58

50
Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar

Rupees per Unit of Pound Sterling

2020-21 2021-22
Year/ Month
Buying Selling Buying Selling

Apr 95.29 96.34 102.25 103.38


May 91.77 92.79 102.80 103.93
June 96.16 96.22 102.32 103.45

July 93.92 94.96 102.85 103.99

Aug 97.38 98.46 102.45 103.58


Sep 93.71 94.75 101.12 102.24
Oct 94.13 95.17 101.54 102.66
Nov 97.95 99.07 98.86 99.96
Dec 97.56 98.64 99.47 100.57
Jan 99.58 100.69
Feb 99.85 100.95
Mar 101.07 102.19
Data Source: IOB

Commodity Prices: Monthly Monitor SIAM 39


Foreign Exchange Rate - Euro
BUYING 2020-21 2021-22
119
115
111
107
103
99
95
91
87
83
79
75
Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar

Rupees per Unit of Euro

2020-21 2021-22
Year/ Month
Buying Selling Buying Selling

Apr 82.97 83.88 88.55 89.52


May 81.14 82.04 88.26 89.22
June 85.48 86.42 88.25 89.22
July 85.32 86.26 87.89 88.85
Aug 87.49 88.45 86.72 87.67
Sep 86.48 87.43 86.37 87.32
Oct 85.56 86.50 86.18 87.13
Nov 87.32 88.28 84.59 85.52
Dec 88.85 89.83 84.96 85.89
Jan 88.89 89.87
Feb 87.77 88.73
Mar 86.48 87.43
Data Source: IOB

Commodity Prices: Monthly Monitor SIAM 40


Foreign Exchange Rate - Yen
BUYING 2020-21 2021-22
80
77
74
71
68
65
62
59
56
53
50
Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar

Rupees per 100 Yen

2020-21 2021-22
Year/ Month
Buying Selling Buying Selling

Apr 70.54 71.40 67.88 68.69


May 69.83 70.67 66.59 67.39
June 70.55 71.41 66.15 66.95
July 69.88 70.73 67.18 67.99
Aug 70.10 70.96 66.85 67.64
Sep 68.77 69.59 66.43 67.22
Oct 68.58 69.40 66.62 67.41
Nov 70.15 71.01 64.68 65.46
Dec 70.29 71.15 66.18 66.97
Jan 70.13 70.99
Feb 69.03 69.86
Mar 66.45 67.25
Data Source: IOB

Commodity Prices: Monthly Monitor SIAM 41


Foreign Exchange Rate – Renminbi
2020-21 2021-22
14

12

10

0
Apr May June July Aug Sep Oct Nov Dec Jan Feb Mar

Rupees per Unit of Renminbi (CNY)

Period Rate Period Rate


15 April 2020 10.83 13 April 2021 11.50
15 May 2020 10.68 14 May 2021 11.38
14 June 2020 10.72 14 June 2021 11.44
16 July 2020 10.74 13 July 2021 11.51
12 Aug 2020 10.77 13 Aug 2021 11.46
12 Sep 2020 10.78 13 Sept 2021 11.41
13 Oct 2020 10.86 12 Oct 2021 11.71
12 Nov 2020 11.27 12-Nov-2021 11.65
14 Dec 2020 11.24 13-Dec-2021 11.90
13 Jan 2021 11.30
12 Feb 2021 11.25
12-Mar-2021 11.18
Data Source: Bloomberg

Commodity Prices: Monthly Monitor SIAM 42


Commodity Prices: Monthly Monitor SIAM
Copyright Guidelines
• SIAM holds all copyrights of its published materials which are distributed through printed products, electronic media, PDF data, Excel data,
etc.
• SIAM reserves all rights of authors and specifies sources quoted in its publications to protect the rights of authors of pre-existing work.
• SIAM receives permission of the authors, media associations, and others when necessary, or may pay to make legal contracts with them.
• SIAM provides or sells its publications to those who agree to comply with the following guidelines in order to protect copyrights of its own
and other authors.
1. Terms used in SIAM Copyright Guidelines are defined as follows:
• Same company unit means a single registered commercial head office, same location, and same management unit, so that subsidiaries,
associated companies, group companies, and overseas companies shall not be included.
• Same department means the minimum unit of department which has an annual budget and settlement of accounts arranged within the same
corporation.
• Organization means this limited branch of an organization. Affiliated organizations and corporations etc. are excluded.
• For library, data hall, or school users, free perusal within reasonable bounds is permissible. However, please note that photocopying or any
other means of reproduction is not permitted at the above facilities.
2. The purchaser and their company may use SIAM research resources in the following manner:
• The purchaser may read and pass around resources within limited private reason in the same company. • Libraries may freely offer
resources for reading only within certain restrictions.
• Within same company, it is permissible to quote, reproduce, cite, however, it must be credited every time when used, as "Source: Society
of Indian Automobile Manufacturers" or Copyright SIAM.
• Use of Excel data and PDF data to create new databases according to individual need is permitted within "same company." There may be
no fee charged for the information and it must be noted with a copyright mark.
• Within libraries it is permissible to process, arrange, classify, retrieve, and display purchased materials.
• Digital version of monthly reports (PDF file) can be browsed only by readers approved by SIAM.
3. Forbidden practices: It is forbidden to use SIAM research resources (including all pages of printed matters and digital resources printed out
by subscribers), in whole or in part in the following cases without prior permission granted from SIAM. This restriction applies to but is not
limited to third party as well as "Same Company."
• Photocopying research resources directly and passing to a third party. For libraries, please be advised that free library use does not include
the copy of materials and passing to a third party.
• To quote, reproduce, or otherwise adapt anywhere except within "same company."
• To give or transfer PDF data or Excel data etc. to a third party, or posting on the Internet or company intranet.
• To process all or some of the data, print all or some of the data or the processed data, or post any data on the Internet or company intranet
with the intention of providing the data to a third party.
• Use of the ID and password by anyone other- than a registered user at the same department or to forward the ID and password to a third
party.
• To translate to another language and give to a third party.
• To convert data into an electronic format by scanning or otherwise and give to a third party.
• To directly or indirectly sell some or all the research data published by SIAM to a third party.
• SIAM digital resources are forbidden to be sold to a library or/and other party which intends to make resources available to a third party.
• Any other action or area except mentioned in article 2.
4. Warning and Termination:
• When it becomes clear that these guidelines have been violated and the customer has misused SIAM copyrighted material, the customer
will be warned to cease and desist, and further, the offending company and department name will be noted on SIAM’s website.
• If the company disregards the warnings and does not cease and desist the offending activity within the warning period, SIAM will refuse
services to the offending company.
• In the event that SIAM or other copyright holder’s right have been violated, a claim for damages will be made also precaution under
Copyright Act will be initiated.
5. Guideline changes: These guidelines may be changed from time to time.
Copyright 2009, SIAM

43
SIAM

CONTACT US AT:
Society of Indian Automobile Manufacturers (SIAM)
Core 4B, 5th Floor
India Habitat Centre, Lodi Road, New Delhi, India
Phone: +91 11 2464 7810 – 12
Fax: +91 11 2464 8222
E-mail: philip@siam.in
Website: www.siam.in

You might also like