The ongoing Middle East conflict is causing instability in the supply of naphtha, a crucial component for medical product manufacturing. This disruption, stemming from the crude oil-derived petrochemical, is leading to rising prices for products like syringes and catheters, potentially increasing by up to 50%. While Singapore's Health Ministry assures there are no immediate shortages in public healthcare, the situation warrants monitoring.
Naphtha , a key manufacturing component of medical products , is facing unstable supply amid disruptions brought about by the Middle East conflict. Derived from crude oil, the petrochemical liquid mixture is a key ingredient for producing plastics found in syringes and catheters.
Suppliers said prices of such medical products are rising and could jump as much as 50%. The Singapore Health Ministry has assured that public healthcare institutions are not facing any shortages and there are adequate stockpiles. Beatrice Yap reports. Suppliers said prices of such medical products are rising and could jump as much as 50%. The Singapore Health Ministry has assured that public healthcare institutions are not facing any shortages and there are adequate stockpiles. Beatrice Yap reports.News Video ReportsWe know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.
Naphtha Middle East Conflict Medical Products Supply Chain Healthcare
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