Condom Prices Likely to Rise

The boss of the world’s biggest condom maker, Karex, says the firm will raise its prices by up to 30% or possibly more if the Iran war continues to disrupt supplies of the raw materials used in its products.  

Karex’s Chief Executive Goh Miah Kiat told media outlets that production costs have risen sharply since the start of the conflict.  The Malaysia-based firm produces more than five billion condoms a year and supplies leading global brands like Durex and Trojan.