The 'double-headed monster' set to push up prices at the check-out
Companies that use plastic packaging are facing price pressures and supply disruptions, which they warn will likely mean higher costs for consumers. The cost of food-grade resin out of Singapore, which is used in milk bottles, has increased 110 per cent since the start of the Middle East war.
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Plastic packaging price pain could push up costs for shoppers on everything from milk to make-upBy business reporter Emilia TerzonTopic:Plastics, Polymers and Rubber Manufacturing24m ago24 minutes agoTue 28 Apr 2026 at 7:11pmMichael Hampson estimates rising diesel and plastics prices have increased Norco's costs by about $1.6 million per month. (ABC News: Glenn Mullane)In short:Companies that use plastic packaging are facing price pressures and supply disruptions, which they warn will likely mean higher costs for consumers.The cost of food-grade resin out of Singapore, which is used in milk bottles, has increased 110 per cent since the start of the Middle East war.What's next?Inflation data, including the initial impact of the Iran war in March, will be released at 11:30am AEST this…
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