Economy, Domestic Economy

Diaper Market in Disarray

Diaper Market in Disarray Diaper Market in Disarray

Producers of diapers now have to purchase the foreign exchange required for importing some of their raw materials through the Forex Deals Integrated System (known by its local acronym Nima).
Rates are closer to market rates at Nima, whereas previously they were entitled to foreign exchange at subsidized rates. This, according to the director general of the Ministry of Industries, Mining and Trade’s Chemical and Cellulose Industries Bureau, has caused problems for the diaper sector.
Parvin Nabati also called on related officials to avoid imposing restrictions on the import of raw materials and ease customs clearance procedures so that domestic diaper production can continue, IRNA reported.
Recently prices of diapers and sanitary pads have surged, as the market is facing shortage of these products.


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