The Iran war is disrupting Middle East naphtha supplies, leaving Asian producers struggling to secure feedstock. With availability tight, companies are paying roughly double pre-war rates, forcing widespread output cuts across the region. Many plants are reportedly operating at their lowest levels as costs rise and procurement becomes increasingly difficult.
Thai rice prices have recorded their sharpest jump in over two years, as rising fuel and fertilizer costs tied to the Iran conflict squeeze farm economics. Even if tensions ease, experts expect higher input costs to linger, raising the risk of weaker rice output later. The ripple effect could tighten rice supplies across parts of Asia and lift food prices.
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