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Cleaning products firm McBride raises prices on Iran war energy hit

Thu, 02nd Apr 2026 15:33

* McBride makes household cleaning and hygiene products

* Company ​seeing first ⁠signs of possible shortages in supply chains

* Group ​has informed customers of temporary price adjustments/surcharges

LONDON, April 2 (Reuters) - McBride, the European manufacturer of private label ​cleaning ‌products, is raising prices to cover the energy cost impact on its suppliers of the U.S.-Israeli ⁠war with Iran, it said on Thursday.

The war ⁠in the Middle East has ​driven up energy prices sharply, fuelling inflation but also dealing a wider blow to the global economy.

London-listed McBride, one of the first major companies to impose price rises as a direct ​result ‌of the conflict, said the first signs of possible shortages in supply chains around the world had started to emerge.

It said some of its chemical and packaging suppliers had already implemented price increases to recover higher costs for petrochemical-derived feedstocks and energy in ​chemical and packaging production.

As a result, McBride said it will see elevated input costs in April ‌and expects further increases in the near future.

"Consequently, the group has already informed all customers about temporary price adjustments, ‌or surcharges to current pricing, to recover these higher, beyond our control, cost impacts from the Middle East conflict," it said.

McBride's customers include major supermarkets.

The company's update "is not likely ​to be the last from the grocery retail supply chain across the UK and Europe", said Clive Black, ‌head of consumer research at UK investment bank Shore Capital.

Last week clothing retailers H&M and Next warned that a prolonged Middle East conflict could push up prices in Europe and ⁠dent consumer ⁠demand.

The first clear impact of the war on UK ‌household costs has been seen at fuel pumps, where higher energy prices have already pushed up costs for ​drivers.

Farmers have also ​warned of higher food prices from next month, starting with those ‌of tomatoes, cucumbers and peppers grown in heated greenhouses.

On Wednesday, Britain's food and drink manufacturers' lobby warned food prices will be rising by almost 10% by the end of this year. (Reporting by James Davey; Editing by Jan Harvey)

Corporate News Consumer Goods Mcbride Next

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