# Plastic Prices Because of the War | Business | Sarthak Ahuja

## Метаданные

- **Канал:** Sarthak Ahuja
- **YouTube:** https://www.youtube.com/watch?v=RZ9eIe7Fjtc

## Содержание

### [0:00](https://www.youtube.com/watch?v=RZ9eIe7Fjtc) Segment 1 (00:00 - 01:00)

Because of the war now plastic prices have started skyrocketing in India. For example, polyropylene as well as polyethylene two different kinds of plastics which are used for a number of plastic items are skyrocketing in value rising so much that India hasn't seen for years. And there are certain products which are immediately seeing an impact. For example, look at bottled water. The prices of bottled water have increased by 1 rupee already, you know, which is almost a 10% increase or more in a number of cases. Second, let's look at cars. You know, automobiles have a 30% composition of plastic products. Now, these companies are trying either they should halt production or they might have to increase prices very soon. Medical devices, things syringes, tubes, IV bags, all these things are rising in prices. In fact, even FMCG products, you know, your shampoos, your toothpaste, all these have packaging the cost of which has gone up by 5 to 15%. And FMCG companies are feeling the pressure because of course their margins don't allow that much which means either we might soon see a price increase or they might have to reduce the quality of the packaging that they're currently using. Now there are two big things that you have to look at an impact of right now. If for the next 3 to 9 months you were planning a big purchase or even thinking of renovating your home probably push that away because even construction material is getting expensive. Second thing, if you're a business and you use packaging material or plastic, you might have to do bulk purchases or lock in prices or possibly defer those purchases to later and take a direct hit in your business. Share it with someone who may need

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*Источник: https://ekstraktznaniy.ru/video/27834*