Food prices in Japan set to rise as war drives up cost of plastic packaging
Shoko Oda·
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Prolonged disruption to energy flows via the Strait of Hormuz has cut the availability of naphtha, a critical ingredient used in the production of plastic packaging.
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Japan Times · Shoko Oda
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Japan may see food and drink prices rise as early as this summer, as war-related disruptions to energy flows through the Strait of Hormuz squeeze naphtha supply, driving up plastic packaging costs. | BLOOMBERG
Excerpt limited to ~120 words for fair-use compliance. The full article is at Japan Times.
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