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After 14 years, the price of the matchbox will increase to 2 rupees

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After 14 years, the price of the matchbox will increase to 2 rupees

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As of December 1, the price of a box of matches would be 2 rupees of the current Re 1 and this is due to an increase in the cost of production, caused by an increase in the price of raw materials, the agency said. of the industry. However, consumers would 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 gap, said the secretary of the National Matchbox Manufacturers Association, VS Sethurathinam. The price of raw materials has risen, causing the cost of production to rise, he said, adding that “we have no choice but to increase the selling price (maximum retail price).”

The price of the 14 key raw materials has increased. “One kilo of red phosphorus has risen from Rs 410 to Rs 850, wax Rs 72 to Rs 85, Potassium Chlorate Rs 68 to Rs 80, Tablets (sticks) Rs 42 to Rs 48. Outer box Rs 42 to Rs 55 and inner box from Rs 38 to Rs 48. Thus, the price of all raw materials has increased multiple times, “he said.

“The increase in fuel prices is also a factor. It has led to an increase in transportation costs.” Therefore, as of December 1, the price of a matchbook would rise to Rs 2 (MRP) from the current Re 1, he said. “After about six months we can review the situation. In 2007, the price increased from fifty paise to Re 1 per box of matches.” However, Sethurathinam said the match count in a matchbox would increase to 50 from the current 36. “When you pay 2 rupees, you will get 50 matches.” The price increase would help address the situation that has arisen due to the increase in the cost of production and the decision to make an increase was made after discussions with all the associations, he said.

About five lakh people depend on the matchbox industry directly and indirectly, and 90 percent of the workforce are women, he said. Tamil Nadu is a leading matchbox manufacturer and Kovilpatti, Sattur, Sivakasi, Thiurthangal, Ettayapuram, Kazhugumalai, Sankarankoil, Gudiyattam and Kaveripakkam are the main production centers.

There are approximately 1,000 matchbox units that also include small and medium matchbox manufacturers.


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After 14 years, the price of the matchbox will increase to 2 rupees

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