Condom prices expected to skyrocket

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Condom prices expected to skyrocket
Photo: Beate Oma Dahle/NTB/TT

Karex plans to raise its prices by up to 30 percent.

"We are working on adjusting prices for most of our customers," says Goh.

The Malaysian company produces five billion condoms a year for brands such as Durex, accounting for a fifth of global production.

Karex's production costs have increased by 25–30 percent since the war began, partly due to shortages of oil-based chemicals and higher raw material prices.

"We cannot rule out further increases in the future," says Goh.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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