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Iran US war lifts polymer and resin prices 60 percent freight surges 10x exporters squeezed

Economy
Published on 24 April 2026
Iran US war lifts polymer and resin prices 60 percent freight surges 10x exporters squeezed

Freight costs reportedly jumped up to tenfold—why

The Iran US conflict is pushing polymer and resin prices up roughly 60%, with freight rates reportedly rising as much as 10x. Even with a ceasefire in place, supply disruptions, shipping delays, and logistics snarls are squeezing MSMEs, weakening India’s plastics exporters and clouding export competitiveness.

  • Polymer and resin prices have jumped about 60%
  • Freight rates rose as much as 10x, raising logistics costs
  • Supply disruptions and delays continue despite ceasefire
  • MSMEs face margin pressure and weaker export competitiveness
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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