The price of plastic: Taking control of raw material costs

The price of plastics is volatile – not only because it depends heavily on the price of oil, but also because it’s affected by other market conditions.

For manufacturers using plastics, this can be a bottom-line headache; but, as Callum Macpherson, Head of Commodities at Investec explains, ways to hedge against price fluctuation are emerging. Plastic is widely used in all sorts of products – whether that’s low-density formulations used for packaging or high-density plastic used for products like piping and plastic…

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