Propane returns in Morbi as ceramic makers face higher costs
In short
Propane is back in Morbi, and Varmora says it is running 80% of its plants on propane at ₹92 per SCM. Kajaria says prices may rise further, and fuel costs are still hard to see clearly.
This matters for ceramic makers because higher fuel costs can hurt profits. The report does not say how long propane has been back or whether the price situation will improve.
What the reporting says
In Morbi, propane has returned and Varmora is running 80% of its plants on fuel priced at ₹92 per SCM, while Kajaria warns of further price rises, according to the BusinessLine summary. The report points to limited visibility on fuel costs as the reason the recovery is clouded, but it does not say how long supply has been back or whether margins have improved. The immediate concern is higher operating costs for ceramic makers.
Why it matters
The BusinessLine summary says propane has returned in Morbi, where Varmora is operating 80% of its plants on propane at ₹92 per SCM. Kajaria is also warning of further price increases, with limited visibility on fuel costs clouding the recovery for ceramic makers. The report does not state how long the supply disruption lasted or whether higher input costs are already affecting output or earnings.