Associated press reported that the world's largest commodities company Procter (Procter&
Gamble Co) Monday in the United States Headquarters issued a statement, the company has to inform the retailer last week on retail prices for some commodities, to relieve the pressure caused by rising costs. Said in a statement, rising prices of commodities mainly involved pampers urine does not wet, Bounty paper towels and Charmin toilet paper, prices range between 3-7%. Which pampers urine not wet on the average price of 7%, 3%,Charmin pampers wipes price brand toilet paper and Bounty paper towels on the average price of 5%. On some low-end products prices are not mentioned.
The prices are mainly crude oil (112.08,-0.13,-0.12%), paper pulp and increase in the prices caused by the rising costs of natural gas. Procter said in a statement, the company has issued last week to the United States and Europe, dealers the price notification, the dealer will decide when to increase the retail price.
According to the China economic NET understanding, Procter's price decisions are not currently involved in the Chinese market. Procter's main competitor United States Kimberly company (Kimberly-Clark Corp) also issued a statement on Monday of retail prices for some commodities. Said in a statement, under the influence of increased cost companies a 9% decline in quarterly net profit compared with the same period last year.
