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Surgical masks see up to 300% escalation in prices owing to coronavirus scare

Surgical masks see up to 300% escalation in prices owing to coronavirus scare

Posted On : Wednesday, March 4, 2020, 11:33 AM
The coronavirus scare has taken a toll on the availability of masks in the retail market as pharmacies find themselves grappling with shortages. “There aren’t enough masks in the market. If you want to buy one, you can take it or leave it," a Times of India report quoted shopkeepers in Delhi as saying. Surgical masks have seen an escalation of 300 percent. They used to cost Rs 10 but now are available for Rs 40, the report said. Prices of N95 masks, sanitizers have also shot up. Local shopkeepers are left with stocks being provided by domestic manufacturers of masks as supplies from China are disrupted due to widespread shutdown that has impacted global supply chains.
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