Asia's vendors grapple with rising costs of ever-present plastics

Asian vendors are grappling with rising plastic costs as raw material prices surge. Ethylene, a key ingredient in plastic goods, is derived from naphtha, an oil byproduct. According to Channel NewsAsia, these climbing input costs are pressuring suppliers across the region. Geopolitical tensions in the Middle East are adding to oil price volatility, which compounds the squeeze on margins for businesses reliant on plastics.

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