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Upward pressure on polymer prices resulting from increasing feedstock and energy costs.

Once again, the Covid-19 pandemic has taught us to expect the unexpected and this time we are bearing witness to a significant increase in crude oil price as the world’s concerns now extends to the issue of energy availability. Whilst the primary concern relates to the availability of natural gas supply in markets as diverse as Europe and China, the whole energy market is facing upward price pressure as a result; in the case of crude oil this is exasperated by the perceived failure of OPEC to lift production sufficiently to meet the expected demand.

With the combined requirement of 1.5 to 2.0 tonnes of hydrocarbon feedstock to produce 1.0 tonnes of material, polymers face both feedstock and energy cost pressures, all of which now result in polymer producers seeking to pass this inflation through the supply chain.

The likely consequences of this latest pandemic phenomenon on different polymer types can be read in the rest of this report.[/vc_column_text][vc_single_image image=”6665″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_btn title=”Download (PDF)” style=”flat” color=”green” i_icon_fontawesome=”fa fa-arrow-down” add_icon=”true” link=”url:https%3A%2F%2Fwww.plastribution.co.uk%2Fwp-content%2Fuploads%2F2021%2F10%2Fpla0509_pkh-oct-21.pdf||target:%20_blank|”][mk_padding_divider size=”20″][/vc_column][/vc_row][vc_row fullwidth=”true”][vc_column][vc_raw_html]JTVCZGZsaXAlMjBpZCUzRCUyMjY2NjElMjIlNUQlNUIlMkZkZmxpcCU1RA==[/vc_raw_html][/vc_column][/vc_row]