The Iran war hasn’t been good for people’s pocketbooks, and it’s not just gas and food, now the price of CONDOMS is pointing upward.
A company called Karex is a big player in the condom industry. They produce one out of every five condoms worldwide. That’s about five BILLION condoms a year, for brands like Durex, ONE Condoms, and Carex.
They’re raising prices by up to 30%, due to increased costs and supply chain disruptions caused by the Iran war.
The condom price hike will take place within the next few months, so if you’re ACTIVE ON THE SCENE . . . you might want to stock up now. (And risk getting that raised eyebrow at check-out.)
So why are condoms affected, of all things? The company says there are “shortages of oil-derived chemicals, and higher raw material prices through the supply chain, pushing up the cost of condom wrappers and lubricants.”
The CEO said there could be further “price adjustments” down the road if the disruption continues.
He added that he’s not worried about people NOT buying condoms. “In bad times, the need to use condoms is even more because you’re uncertain with your future, whether you’d still have a job next year.
“If you have a baby right now, you’ll have one more mouth to feed.” (???)
