Topic
plastics-shortage
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japantimes.co.jpfinance63 days ago
Naphtha Prices Rise Sharply in Asia Following Strait of Hormuz Disruption
A supply crunch triggered by the closure of the Strait of Hormuz in late February has doubled naphtha prices in Asia, threatening production of medical supplies, packaging and consumer goods. Japan has secured feedstock through the end of the year while Indonesia warns of potenti…