WHOLESALE
<strong>Tissue costs spike</strong>
Wholesale prices for popular tissue brands Mayflower, Delight and Tender would rise 8 percent next year amid a reported 40 percent-plus spike in raw material costs. The brands’ producer, Yuen Foong Yu Consumer Products Co, announced plans for the price hike yesterday, with the increase set to take effect after the Lunar New Year Holiday. The prices of pulp, packaging and power, which account for the bulk of its production costs, had increased more than 40 percent this year, with some nearly doubling, the company said. Hypermarkets Pxmart and Carrefour said that there are no plans at this