Consumer
Unilever Expects to Raise Detergent Prices on Iran War Costs
Unilever reported better-than-expected sales and volume growth in the first quarter, in part on strong demand for products including OMO detergent.
Photographer: Zhang Peng/LightRocket/Getty Images
Unilever Plc will likely increase prices for cleaning sprays and laundry detergents in emerging markets due to costs linked to the war in Iran.
Home care products are susceptible to higher commodity prices because they include ingredients derived from petrochemicals and are sold at lower margins than Unilever’s beauty and other categories.