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GSPMA says Sharp Rise Likely in Plastic Prices, Raw Material Up 70% in 30 Days; Middle East Crisis Impact

Due to the joint attack on Iran by the United States and Israel, the global supply of crude oil has been disrupted, directly and severely impacting the plastic industry across India, including Gujarat. Over the past 20–25 days, units producing plastic granules have continuously increased prices, resulting in a massive surge of 50% to 70% […]