Overview
- Karex, which told Reuters on Tuesday, said it will raise prices by 20% to 30% and may go higher if supply strains continue.
- Key inputs tied to oil and gas have jumped about 25% to 30%, including silicone oil, nitrile and aluminum foil used for packaging and lubricants.
- Shipments to Europe and the United States now take close to two months, roughly twice the prewar transit time.
- The company has stock to cover only the next few months and is trying to boost output, but it warned the outlook is uncertain if the conflict drags on.
- Global demand is up about 30% as leaner stockpiles—worsened by prior foreign‑aid cuts—raise risks for access in developing countries and for programs supplied by brands like Durex, national health services and UN agencies.