Business Intelligence on Retailing, Franchising, and Consumerism in China


P&G Has Second Round Of China Price Increases

After raising the prices of Pantene and Crest, Proctor and Gamble recently started the second round price increase of its many brands, including Whisper and Pampers — with prices up by 10% to 15%.

Zhang Qunxiang, a spokesman for P&G China, said that the prices of raw materials have increased by 150% to 160% over the last two years, but they only raised prices by less than 10%. Therefore, the possibility for a third round price rises cannot be excluded.

Zhang added that the second round price increase is focused on mother and baby supplies and the reason is because of the price increase of raw materials. The major raw materials for sanitary napkins and diapers are water absorbent material and pulp, the prices of which have increased by more than 50% over the last year.

At the same time, Unilever, a major competitor of P&G, has also raised the prices of Lux shampoo and soap by 6%, OMO washing powder by 10% to 12%, and Zhonghua toothpaste by 20%.






Be the first to comment on "P&G Has Second Round Of China Price Increases"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaSourcingNews.com:

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco