Daily items to get costlier from April 1:Bread, biscuits and footwear prices may rise up to 25%, ₹30 bread may cost ₹35

Rising tensions between Iran, Israel and America are now affecting common people, as the cost of daily use items is set to go up from April 1. The increase in crude oil prices has made petrochemical products costly. At the same time, supply chains have been disturbed, leading to a shortage of raw materials. According to the Madhya Pradesh Association of Industries, prices of many items may rise by 20 to 25 per cent. Companies are preparing to apply new rates. Everyday items like bread, biscuits, footwear and plastic products will become more expensive. Biscuits may cost ₹5 to ₹6 more, bread prices may rise from ₹30 to ₹35, slippers could become ₹100 to ₹120 costlier, and 1 kg of detergent may increase by ₹15 to ₹20. Industrial costs and operational systems affected Yogesh Mehta, President of the Association of Industries, Madhya Pradesh, stated that the LPG supply disruption has affected industries. Crude oil-based chemicals and raw materials have become expensive, with their prices increasing by 200-300%, which has impacted costs and operations. Old stock will last until March. After that, new rates will be applicable from April 1. From April, footwear, plastics, chemicals, surf, soda, and soap will become more expensive. Bread packet will be expensive by 3 to 6 rupees Industrialist Harish Bhatia said that before the war, the PP product, which was Rs 90-95 per kg, has now become Rs 170-172, making finished products more expensive. From April, 400-gram bread will be Rs 5-6 more expensive, and lighter-weight packets will be Rs 3-4 more expensive. Rates have already increased in some places, but most companies will implement new rates from April after their old stock runs out. Soap and Soda also being affected Chemical factory owner Kanta Yadav said that acid slurry is the main raw material in detergent, of which up to 300 grams is used per kilogram. It is made from crude oil, and the situation in the Gulf has affected its price and availability. Earlier, supply was available as per demand, but now it is less. In Indore, more than 200 units have a turnover of over 4,000 crore. Due to expensive slurry and packaging, 1 kg of surf will become 15-20 rupees more expensive. Raw material has become expensive by up to 50 per cent Girish Punjabi, President of the Association of Footwear, stated that MP’s artificial leather footwear industry is completely dependent on petrochemical raw materials. Due to this, finished goods will become 20-25% more expensive. Raw material has become expensive by up to 50%. A product worth 100 has reached 150-180. Along with increasing rates, weight will be reduced Companies are reducing the weight of packets along with increasing prices to save margins. Instead of increasing the price of a 1 rupee chocolate, its weight is being reduced from 10 grams to 7-8 grams. According to industrialist Deepak Daryani, a 5 rupee biscuit packet will now cost 6 rupees, and the new rates will be effective from April 1. Impact of supply chain disruption due to the Iran war Due to the Iran war affecting the supply chain, PPH has become expensive by 4,000/ton, Copolymer by 7,000/ton, and PE by 7,000/ton. Prices increased several times this month, and PVC also became expensive by 13,000/ton. Overall, plastic input costs have increased, linked to raw materials and Middle East tensions. This has affected supply and logistics, and is now impacting domestic polymer prices as well.