Prices of consumer durables may go up; container prices up 4-fold in a mth

However, Super Plastronics, a Kodak brand licensee, plans to hike prices in the range of 3-5 per cent in June and another 3-5 per cent in July on its televisions

Container prices have shot up by up to 300 per cent in the past one month owing to geopolitical tensions between Israel and Iran following the former’s attack on Hamas, causing shortages and pushing consumer durables companies to increase prices.

Companies have planned increases but some are yet to decide on the extent of the increase.
 

“Inventory shortages, worsened by disruption in the Red Sea due to geopolitical tensions between Israel and Iran, are significantly impacting the logistics landscape. There is a noticeable shortage of inventories across China, especially in East and South China, compared to its demand. This imbalance has