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Plastics Shortages to Keep Food Prices High After War Disruptions

Plastics Shortages to Keep Food Prices High After War Disruptions
Bloomberg Markets Wednesday 24 June 2026, 22:05 UTC By Anuradha Raghu, Ben Westcott, Sara Bapat 1 min read
Key Points

Consumer Plastics Shortages to Keep Food Prices High After War Disruptions Asian consumers will be facing higher grocery bills for months thanks to costly packaging stemming from the Iran war, which created severe shortages of plastics needed to get food from farms to market. Disruptions to plastics supply have led to a sharp increase in packaging costs, which some companies are now starting to pass on. A gauge of global food prices is already near a three-year high, and further gains risk...

Consumer Plastics Shortages to Keep Food Prices High After War Disruptions Asian consumers will be facing higher grocery bills for months thanks to costly packaging stemming from the Iran war, which created severe shortages of plastics needed to get food from farms to market. Disruptions to plastics supply have led to a sharp increase in packaging costs, which some companies are now starting to pass on. A gauge of global food prices is already near a three-year high, and further gains risk compounding the pain for households that are also contending with higher pump prices.
Keep Food Prices High After War Disruptions Consumer Plastics Shortages to (ORG) Keep Food Prices High After War (ORG) Asian (ORG) the Iran war (EVENT)
Originally published by Bloomberg Markets Read original →

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