Global Inflation Scare: Chinese Exporters Hike Prices As Iran War Triggers Ethane Shortage, Plastics Crunch
Global Inflation Scare: Chinese Exporters Hike Prices As Iran War Triggers Ethane Shortage, Plastics Crunch Chinese exporters are finally passing on the pain - right as they're experiencing a major shortage of a key industrial material. After years of cutting prices amid overcapacity and cutthroat competition, manufacturers are now raising prices on everything from swimsuits and ski suits to medical syringes and air conditioners. The culprit: the Iran war’s energy shock, which has s...
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