Party suppliers in Singapore see helium prices up by 40% amid Middle East conflict

Federaţia Rusă

Supply disruptions and higher fuel costs are driving up helium prices, as businesses adapt with new products while holding off passing costs to customers. SINGAPORE: Some party and event supply firms in Singapore say helium prices have surged by as much as 40 per cent, as the ongoing conflict in the Middle East disrupts global supply and drives up costs. Helium is a finite resource typically extracted as a by-product of natural gas production. Major producers include the United States and Qatar,