Iran War Impacts Supply Chain, World's Largest Condom Manufacturer Plans 20-30% Price Hike
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Karex Bhd, the world's largest condom manufacturer based in Malaysia, plans to increase condom prices by 20% to 30% due to supply chain disruptions caused by the Iran war. Soaring shipping costs and freight delays have led to lower-than-normal inventory levels for many clients, while demand for condoms has significantly risen.