Since last month, the international crude oil price has experienced a hike in price due to the war between Russia and Ukraine.
Disruptions in Russia's oil exports intensified on Wednesday, with more countries and companies refusing to import and transport Russian crude and at least 10 cargoes of oil failed to find buyers, driving oil and gas prices higher.
The United States and the European Union have imposed tough sanctions on Russia over its invasion of Ukraine, but have so far refrained from taking direct action on Russian energy exports after oil and gas prices surged to multi-year highs.
As the raw material of plastic is from oil, that will inevitably make plastic raw material cost increase so the plastic pallet price will increase too. If you have demand, we suggest you to order now before the price actually increases.
