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Taipei, Aug. 19 (CNA) The maker of popular tissue brands Andante and Dandelion on Friday announced plans for price increases of 5-20 percent to be implemented later this year due to soaring international raw material costs.
State-run CPC Corp, Taiwan (CPC, 台灣中油) yesterday lowered its domestic prices for gasoline and diesel, one day after the Executive Yuan announced cuts to the commodity tax on fuel.
Tariffs on gasoline and diesel as well as corn, soybeans, wheat, beef, butter and powdered milk are to be reduced over a three-month period that began yesterday and ends on April 30.
The reductions are part of a bid to stabilize commodity prices and lessen the burden on consumers purchasing food and beverages, the Executive Yuan said on Sunday.
CPC lowered the price of gasoline by NT$1.1 (US$0.04) per liter, and the
Taipei, Dec. 24 (CNA) Wholesale prices for popular tissue brands Mayflower, Delight, and Tender will be raised by 8 percent next year amid a reported 40 percent-plus spike in raw material costs.
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