Kristin Broughton, Wall Street Journal, writes about higher commodity costs, here…
”Costs for some petrochemicals, which are used for consumer goods such as medical equipment and mattress foam, began to increase in late 2020 and went higher after producers temporarily shut down operations during the recent winter freeze in Texas. Prices for polypropylene, a type of plastic, have surged 22% over the past month in the spot market, to $2,398 per metric ton as of March 5, according to S&P Global Platts, an energy market data firm.”
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