Big Alert! HUL & Wipro Raise Soap Prices By 7-8%

Leading companies in the FMCG sector like HUL and Wipro have increased the prices of soaps by around 7-8%. This decision has been taken to reduce the impact of the increase in the prices of palm oil, which is a key raw material in the manufacture of soaps. Palm oil prices have also increased by 40% since mid-September due to higher import duty and rise in international prices.