World's top condom producer to raise prices by 30% due to Iran war

Karex Bhd, the world's top condom producer, could raise condom prices by 20-30% due to the Iran war, the company's CEO Goh Miah Kiat said. "The situation is definitely very fragile...We have no choice but to transfer the costs right now to the customers," he said. He revealed costs of synthetic rubber and nitrile used to manufacture condoms have risen.