Middle East conflict disrupts supply chain, Malaysia rubber products prices raised.
The world's largest condom manufacturer based in Malaysia, as well as a globally renowned rubber glove manufacturer, both stated on the 24th that rubber product prices have significantly increased due to disruptions in the supply of oil and petrochemical products caused by the blockage of the Suez Canal. According to Agence France-Presse, Malaysia's top glove company, a globally renowned rubber glove manufacturer, said that the main raw material costs for synthetic rubber gloves have doubled. Malaysia's Karex company, which supplies brands like Durex, also stated that they have had to raise prices by up to 30%.
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