{
    "success": true,
    "data": {
        "id": 1651234,
        "msgid": "plastic-industry-hit-by-middle-east-war-here-are-the-data-1775109051",
        "date": "2026-04-02 11:50:31",
        "title": "Plastic Industry Hit by Middle East War, Here are the Data!",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia's plastic industry is facing supply chain pressures due to the escalating conflict in the Middle East, which has disrupted energy logistics and driven up imported raw material costs. Statistics from the Central Statistics Agency show imports of plastics and plastic products reached US$873.2 million in February 2026, contributing to a trade deficit of US$1.38 billion for the first two months of the year, with major suppliers including China, Thailand, and South Korea. Industry leaders report raw material prices have nearly doubled to around Rp30,000 per kg, prompting a focus on managing feedstock and finished goods amid uncertainties in the Strait of Hormuz.",
        "content": "<p>Jakarta, CNBC Indonesia - Pressure on the domestic industry\u2019s supply\nchain due to the energy logistics crisis in the Middle East is now being\nfelt by upstream industries that still rely on imported raw materials\nfrom the region. One such example is the national plastic industry.<\/p>\n<p>The Central Statistics Agency recorded that Indonesia imported\nplastics and plastic products worth US$873.2 million in February 2026.\nThis commodity has also contributed to the deficit throughout January to\nFebruary 2026, amounting to US$1.38 billion.<\/p>\n<p>\u201cPlastic goods or HS 39, in February 2026, as I mentioned, reached\nUS$873.2 million,\u201d said Deputy for Distribution and Services Statistics\nof the Central Statistics Agency (BPS), Ateng Hartono, during the BPS\npress conference quoted on Thursday (2\/4\/2026).<\/p>\n<p>In detail, the largest imports of plastics and plastic products came\nfrom China at US$380.1 million. This was followed by imports from\nThailand at US$82.7 million and from South Korea at US$66.7 million.<\/p>\n<p>Previously reported, the national plastic industry is beginning to\nfeel the pressure due to the escalation of global conflict in the Middle\nEast, which has triggered a rise in raw material prices in the\ninternational market. Plastic raw material prices have even been\nreported to have surged nearly twofold in recent times.<\/p>\n<p>General Secretary of the Indonesian Association of Olefin, Aromatic,\nand Plastic Industries (Inaplas), Fajar Budiyono, said that the heating\ngeopolitical situation is also affecting the raw material supply chain\nfor the industry, particularly due to the increasingly uncertain\nconditions in the Strait of Hormuz.<\/p>\n<p>\u201cCurrently, the war situation is intensifying, with mutual attacks\nand the conditions in the Strait of Hormuz becoming more difficult. The\nindustry is focusing on managing feedstock and finished goods,\u201d said\nFajar to CNBC Indonesia on Monday (16\/3\/2026).<\/p>\n<p>Fajar revealed that the increase in plastic raw material prices is\ncurrently quite significant. Previously, it was in the range of Rp15,000\nto Rp17,000 per kilogram (kg), now the price has reached around Rp30,000\nper kg. \u201cFrom Rp15,000-Rp17,000 up to Rp30,000 (per kg),\u201d said\nFajar.<\/p>\n<p>This increase, he continued, occurred in the prices of plastic raw\nmaterials used by the domestic industry. \u201cYes, plastic raw materials,\u201d\nhe concluded.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/plastic-industry-hit-by-middle-east-war-here-are-the-data-1775109051",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}