Iran war oil supply shortage chokes China's 'plastic town'

Plastic prices surged sharply in Zhangmutou, China's largest plastics trading hub, as rising oil-d costs driven by the Iran war squeezed margins, disrupted logistics and triggered panic buying, with one manufacturer saying costs had risen about 60% since March. #News #Reuters #Newsfeed #iranwar #iranuswar #china #plasticindustry #oilprices #fuelshortage 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en