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PALM OIL IN SOAPS
Godrej Consumer flags short-term margin pain on crude costsGodrej Consumer Products Ltd anticipates margin pressure in the coming quarters. Elevated crude oil prices are impacting input costs. Howev...
One daily habit, multiple diseases avoided: Doctors advice doing this routine properly as wrong method can be harmfulA simple daily habit like handwashing continues to play a major role in preventing multiple infections, even in today’s advanced medical wo...
Coming soon: Price hike round 3 in four months for durablesConsumers face another price hike on electronics like ACs, TVs, and smartphones by end April. This marks the third increase in four months....
Godrej Consumer mulls more gradual price hikes for soapsIndia's Godrej Consumer Products plans to gradually increase soap prices to protect margins amid rising palm oil costs. CEO Sudhir Sitapati...
Godrej vs HUL: Brands face off over palm oil content in soapsGodrej Consumer Products has stated that it will not be reducing the amount of palm oil in its soaps, despite the rising cost of the commod...
Asian Palm Oil Alliance urges HUL to reconsider its decision to reduce use of palm in soaps by 25%ET had reported that HUL is reducing use of palm and its derivatives in soap by 25% to offset volatility in commodity prices as well as for...
HUL takes lead in reducing palm oil in soapsHindustan Unilever (HUL) is reducing the content of palm oil and its derivatives in soaps by 25%, a global first, as part of a strategy to ...
Rice, potato, edible oil prices fall up to 25%Though it was feared that prices of rice would go up as the kharif rice production has been estimated to decline by 6% to 104.99 million to...
Indonesia's ban on palm oil exports a concern but impact to be transitory: FMCG industrySeveral industry leaders hint that they will reduce their reliance on palm oil in phases and shift to alternatives such as rice bran oil an...
India wakes up to yet another inflation risk as pressure builds on FMCG marginsIn the latest development to pose upside risks to India’s inflation, Indonesia announced a ban on exports of palm oil on Friday in order to...
FMCGs may pinch more if Indonesia bans crude palm oil exports tooAbout 60% of India's palm oil demand is met through imports, of which Indonesia and Malaysia account for a little more than three-fourths o...
- Wipro consumer revenues rises 17.63%, rules out soap price hike
Wipro’s consumer care division ruled out further increase in soap prices as prices of key raw material palm oil have started to ease.
- Wipro to increase soap prices on rising input costs
The company will increase soap prices by around 5%, Wipro Consumer Care and Lighting President Vineet Agrawal said.
- Kolkata refinery to find value in palm oil waste
Budge Budge Refineries (BBRL), which runs an edible oil refinery at Budge Budge, near Kolkata, has firmed up plans to convert crude palm oi...
- Palm oil falls in Malaysia after crude oil extends decline
Palm oil in Malaysia fell for a third day on concern crude oil producers will increase supply, leading prices lower and reducing demand for...
- Godrej Consumer may raise soap prices in Dec qtr
Godrej Consumer Products Ltd could raise soap prices in the October-December quarter if palm oil prices continue to increase, a top officia...
- FMCG firms resigned to price hikes
Industry players say consumers should now get used to biannual price hikes as input and raw material prices continue to rise, with no respi...