{
    "success": true,
    "data": {
        "id": 1648565,
        "msgid": "iran-conflict-disrupts-global-supply-plastic-prices-rise-government-seeks-alternative-imports-1775026255",
        "date": "2026-04-01 13:14:34",
        "title": "Iran Conflict Disrupts Global Supply, Plastic Prices Rise, Government Seeks Alternative Imports",
        "author": "Friska Yolandha",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Trade",
        "summary": "The ongoing conflict in Iran has disrupted global naphtha supplies, a key raw material for plastic production primarily imported from the Middle East, leading to rising plastic prices worldwide. Indonesia's Minister of Trade, Budi Santoso, announced that the government is actively seeking alternative sources from countries including India, Africa, and the Americas to mitigate import disruptions. This proactive approach aims to stabilise domestic production and maintain supply chains, with similar challenges affecting nations like Singapore, China, and South Korea.",
        "content": "<p>Several countries have reported securing plastic raw material\nnaphtha. This includes South Korea, which has imposed an export ban on\nnaphtha effective from Friday (27\/3) as part of efforts to secure\ndomestic supplies amid concerns over potential import disruptions.<\/p>\n<p>Minister of Trade Budi Santoso assured that the government is seeking\nalternative sources for plastic raw materials to anticipate disruptions\nin imports from Middle Eastern countries.<\/p>\n<p>Responding to journalists\u2019 questions after a press conference at the\nPresidential Staff Office in Jakarta on Wednesday (1\/4\/2026), Minister\nBudi Santoso stated that the situation in the Middle East has resulted\nin impacts related to naphtha import activities used for plastic\nproduction.<\/p>\n<p>\u201cNaphtha is imported from the Middle East. So we are affected by the\nraw materials we import from the Middle East. What are we doing? We are\nnow looking for alternative replacements or alternatives from other\ncountries,\u201d said the Minister of Trade.<\/p>\n<p>The Minister of Trade himself refers to naphtha as a hydrocarbon\ncompound derived from petroleum that serves as the main raw material for\nproducing plastic resin, rubber, and solvents.<\/p>\n<p>He mentioned that approaches have already been made to several\ncountries, including India, as well as several parties in Africa and the\nAmericas.<\/p>\n<p>\u201cIndeed, this takes time because suddenly shifting from the Middle\nEast to other countries. So we hope this process can run well, so that\nprices can return to normal,\u201d he added.<\/p>\n<p>The Ministry of Trade itself has held discussions with associations\nand industry players to find other alternatives besides the Middle\nEast.<\/p>\n<p>The Ministry of Trade is also continuously communicating with\nIndonesian government representatives abroad to help find new suppliers\nto ensure that plastic raw material supplies remain smooth.<\/p>\n<p>He highlighted that similar conditions are not only occurring in\nIndonesia but also in several other countries, including Singapore,\nChina, South Korea, Thailand, and Taiwan.<\/p>\n<p>\u201cBut for raw materials, we continue to do so that domestic production\nreturns to normal and plastic supplies are well maintained,\u201d he\nexplained.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/iran-conflict-disrupts-global-supply-plastic-prices-rise-government-seeks-alternative-imports-1775026255",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}