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The ceasefire between the U.S. and Iran conditional on reopening the Strait of Hormuz, which carries ~** per cent of global oil triggered a sharp correction in energy markets. Oil prices fell **–** per cent to ~$**–**/barrel within hours.
As a result, Polyester, nylon, and synthetic fibre chains (petrochemical-based) see instant cost relief. Freight and logistics costs are also likely to soften after weeks of war-driven spikes. Short-term easing of inflation pressure on apparel pricing is also expected.
for your first 30 days then pay $19 per month
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
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