Hope for quick plastic market normalization fades as Iran conflict escalates

July fighting squashed the promise of a June ceasefire and the Strait of Hormuz reopening, along with packaging converters’ wishes for plastic price relief. Today, Dow hinted at higher plastic and packaging prices ahead.

• Source: https://www.packagingdive.com/news/iran-plastics-effects-polyolefins-ceasefire-strait-hormuz-renormalization-2027/825843/