Declaring plastics an 'essential commodity' would ensure uninterrupted supply by addressing structural disruptions and price shocks in the value chain.
Polymer price hikes will lead to increased costs for everyday plastic items like trash bags and packaging, and potentially raise prices for goods in sectors such as food, healthcare, and consume
Yes, the crisis could lead to plastic product shortages and price increases. Raw material prices have risen by 50-70%, with erratic availability and extended lead times.
