By Susan Ning, Yin Ranran, and Angie Ng
Recently, there has been a flurry of press reports on the proposed price increases by several major manufacturers of household and personal care products, including multinationals such as Procter & Gamble and Unilever, as well as domestic manufacturers such as "Liby" and "Nice". Pursuant to the press reports, all four manufacturers mentioned above have separately announced that the retail prices for their respective brands of washing agents (including washing powders, soaps and shampoos) will increase by as much as 10% commencing from early April 2011. Commentators have said that this is the largest price hike that they have seen in relation to the household and personal care products industry, in the past 3 years.
Continue Reading Price Hikes for Washing Powders, Soaps and Shampoos Expected in April