raw material prices

Latest news and articles about raw material prices from NEX English

Opening the Strait of Hormuz Restores Balance to Global Plastic Market

Indonesian Minister of Industry Agus Gumiwang Kartasasmita confirmed that the agreement between the United States and Iran to open the Strait of Hormuz will help restore global logistics supplies for plastic materials. This comes as markets face disruptions in raw material supplies.

Face unprecedented construction cost pressures in Britain

The construction sector in Britain is experiencing its worst cost pressure surge in three decades due to the ongoing conflict in Iran. Rising fuel and raw material prices are alarming companies and investors alike.

New Supply Chain Disruption Threatens Global Plastic Industry

The global plastic industry is facing a new supply chain disruption, raising concerns about negative impacts on markets. This comes at a time when the industry is already grappling with multiple challenges, putting it to a tough test.