A box of matches will cost 2 rupees, consumers will receive more matches: The Tribune India

0

Chennai, October 24

As of December 1, the price of a box of matches would be Rs 2 against the current Rs 1 and this taking into account an increase in production costs, triggered by an increase in the price of raw materials, said Sunday the industry body.

Consumers would, however, get more matches in a box when they buy it at Rs 2, from 36 matches to 50 per box.

The proposed price increase comes after a 14-year hiatus, said National Small Matchbox Manufacturers Association secretary VS Sethurathinam.

The price of raw materials has increased, causing production costs to increase, he said, adding that “we have no choice but to increase the selling price (maximum selling price)” .

The price of all 14 key raw materials has increased. “A kilo of red phosphorus went from Rs 410 to Rs 850, wax from Rs 72 to Rs 85, potassium chlorate from Rs 68 to Rs 80, splints (sticks) from Rs 42 to Rs 48. Outer box Rs 42 at Rs 55 and inner box from Rs 38 to Rs 48. Like this, the price of all raw materials has increased in a multiple way, ”he told PTI.

“Rising fuel prices are also a factor. This has resulted in increased transportation costs. Therefore, from December 1, the price of a box of matches would rise to Rs 2 (MRP) from the current Rs 1, he said.

“After about six months, we will be able to review the situation. In 2007, the price went from fifty paisa to Rs 1 per box of matches.

However, Sethurathinam said the number of matches in a matchbox would be increased to 50 from 36 currently. “When you pay Rs 2, you will get 50 matches.”

The price increase would help remedy the situation that has arisen due to the rise in production costs and the decision to go for an increase was taken after discussions with all associations, he said. declared.

About five lakhs of people depend directly and indirectly on the matchbox industry and 90 percent of the workforce are women, he said.

Tamil Nadu is one of the leading matchbox manufacturers and Kovilpatti, Sattur, Sivakasi, Thiurthangal, Ettayapuram, Kazhugumalai, Sankarankoil, Gudiyattam and Kaveripakkam are the main production centers.

There are approximately 1000 matchbox units, which also include small and medium sized matchbox manufacturers. —PTI


Source link

Share.

Comments are closed.