Tag: Strait of Hormuz disruptions

Regional PP and HDPE prices show selective movements Hormuz disruptions and rising naphtha add to feedstock uncertainty In upstream markets, crude oil prices weakened on 9 October, with Brent falling 1.09% to $103.13/barrel and WTI declining 0.54% to $90.71/barrel. However, naphtha prices rose 3.80% to $972/t, indicating divergent feedstock trends. Meanwhile, the Indian rupee depreciated…