Malaysia’s Karex, the world’s top condom producer, plans to raise prices by 20 per cent to 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 many of its customers with lower stockpiles than usual, CEO Goh Miah Kiat told Reuters in an interview.
“The situation is definitely very fragile, prices are expensive … We have…
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