Mankind Pharma May Raise Condom Prices As Middle East Conflict Pushes Oil Costs Higher | Watch
Mankind Pharma has warned that condom prices in India could rise if the Middle East conflict continues pushing oil prices higher. CEO Sheetal Arora said the company has enough stock for a few months but may pass increased costs to consumers later. Global oil prices have surged since the conflict began, affecting petroleum-linked materials used in condom manufacturing and packaging. Malaysia’s Karex, the world’s largest condom maker, also plans price hikes amid supply chain disruptions, rising freight costs and growing global demand.