Global Condom Prices Set To Surge As Middle East Conflict Strains Supply Chains

The cost of safe sex is about to rise significantly. Karex Bhd, the world’s largest producer of condoms, has announced plans to hike prices by 20% to 30%, with further increases likely if regional instability in the Middle East persists. In an interview with Reuters on Tuesday,..

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The world's largest condom producer, Karex Bhd, is set to increase prices by 20% to 30% due to the ongoing Middle East conflict impacting global supply chains.

The price hike is driven by sky-rocketing costs of raw materials like synthetic rubber and silicone oil, as well as increased packaging and energy expenses.
CEO Goh Miah Kiat stated, "We have no choice but to transfer the costs right now to the customers."
This surge in prices comes amid a paradoxical increase in demand as many global customers face critically low condom stockpiles due to rising freight costs and shipping delays.

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