World’s top condom maker Karex to raise prices sharply as Iran war strains supply chain
Malaysia’s Karex Bhd, the world’s top condom producer, plans to raise prices by 20% to 30% and possibly further if supply chain disruptions drag on due to the Iran war, its chief executive said on Tuesday (April 21).
Karex is also seeing a surge in condom demand as rising freight costs and shipping delays have left many of its customers with lower stockpiles than usual.
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