Middlemen Cause Shortage in Packaging Raw Material

Recent rough patches in the petrochemical market are the result of middlemen rushing to make a quick profit.
Following volatility in primary and secondary forex markets, petrochemical markets have been in turmoil, particularly with regard to polyethylene terephthalate (PET), which is the raw material used in the production of water bottles, as well as oil and food containers. 
Not only is the material gaining in value every day, but it is also in very short supply, IRNA reported.