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Friday, July 04, 2008 21:25:50
Arawana hikes edible oil prices 10%
By STAFF EDITOR
Published: April 02, 2008 11:20 PM
Arawana, a brand member of Singapore-based Yihai Kerry Investment Co., received approval from the National Development and Reform Commission (NDRC) to hike prices for edible oil by 10%, China Business Net reported. A senior insider said the request came as Yihai Kerry’s edible oil reserves fell to dangerously low levels. Rival supplier Shandong Luhua said it has no plans to hike ...
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