WNA Globe

World News by Wild Rose

#Condom Prices ร—

Worldโ€™s top condom maker to raise prices by up to 30% over Iran war impact

Malaysiaโ€™s Karex, the worldโ€™s โ top condom producer, plans โ to raise prices by 20 per cent to โ 30 per cent and possibly further if supply chain disruptions drag on due to the Iran war, its chief executive said on Tuesday. Karex is also seeing a surge in condom demand as rising freight costs and shipping delays have left โ€Œmany of its customers with lower stockpiles than usual, CEO Goh Miah Kiat told Reuters in an interview. โ€œThe situation is definitely very fragile, prices are expensive โ€ฆ We have...