Maachis to cost double from December; price hiked after 14 years

Oct 24, 2021
The price of a matchbox is set to double — from Re 1 to Rs 2 — from December 1 because of an increase in the cost of raw materials used.

Representatives of five major matchbox industry bodies met at Sivakasi and decided to increase the MRP of a matchbox, TOI reported.

The hike in the price of a matchbox is after a gap of 14 years — last time it was revised from 50 paise to Re 1 in 2007.

Manufacturers pointed out that most of the 14 raw materials used are much costlier now. Red phosphorus now comes at Rs 810 instead of Rs 425 and wax at Rs 80 instead of Rs 58. Prices of box boards, paper, splints, potassium chlorate and sulphur have also increased since October 10.

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