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Plastic Raw Material Prices Soared Since the US-Israel War Against Iran

Adi Ahdiat 07/04/2026 16:57 WIB

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The price of naphtha, one of the main raw materials for plastic production, has risen sharply in the past month since the outbreak of the US-Israel war against Iran.

The price of naphtha, one of the main raw materials for plastic production (January 2 - April 6, 2026)

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The price of naphtha, one of the main raw materials for plastic production (January 2 - April 6, 2026)

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The price of naphtha, one of the main raw materials for plastic production, has risen sharply in the past month.

This is because naphtha is a processed product of crude oil, the price of which is surging due to the US-Israel war against Iran.

"This is part of the impact of the war. We import naphtha from the Middle East," said Indonesian Trade Minister Budi Santoso, as reported by Katadata.co.id, April 1, 2026.

According to Trading Economics data, the day before the war broke out, on February 27, 2026, the price of naphtha was still around US$588 per ton.

Then, after the war raged, the price trend rose to US$995 per ton on April 6, 2026.

The price is now about 69% higher than the day before the conflict broke out, and it is the highest record in about four years.

Previously, the price of naphtha also experienced a similar surge in February 2022, when global oil prices rose due to the Russia-Ukraine war.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Plastic Raw Material Prices Soared Since the US-Israel War Against Iran

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