Karex Bhd plans 20% to 30% price increase for condoms due to Iran war supply chain disruptions
Here's what it means for you.
Consumers may soon face higher prices for condoms as geopolitical tensions disrupt supply chains.
What happened
Karex announced potential price hikes for condoms linked to the Iran war's impact on supply chains.
The Context
- Karex produces over 5 billion condoms annually.
- The company supplies major brands like Durex and Trojan.
- Rising freight costs and shipping delays are affecting stock levels for customers.
Takeaway
If supply chain issues persist, consumers may face even higher prices for condoms in the near future.
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