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Korea bans hoarding medical syringes amid supply disruption woes

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By Yonhap
  • Published KST
A display rack that had previously held 5cc and 10cc syringes remains nearly empty at a medical supply store in Seoul, Monday, with only a single box of 20cc syringes remaining. Yonhap

A display rack that had previously held 5cc and 10cc syringes remains nearly empty at a medical supply store in Seoul, Monday, with only a single box of 20cc syringes remaining. Yonhap

The government said Monday it will ban stockpiling medical syringes and needles starting Tuesday amid woes over supply disruption.

Under the measure, manufacturers of medical syringes and needles are banned from stockpiling the products exceeding 150 percent of their monthly sales recorded last year for five days.

Also, they are prohibited from selling the products exceeding 110 percent of their monthly sales posted last year.

The steps came as concerns have risen over supply disruption as the U.S.-Iran war has caused prices of petrochemicals to soar.