Even if there's plenty of supply, this is still a major supply chain disruption that will have ripple effects. Combine this with all the other major supply chain disruptions.
This might only raise costs a few percent. Yet for some firms that were just barely keeping their heads above water with the tightened monetary policy, and the tariffs, and now spikes in energy prices, this will be the straw that breaks the camel's back.
I agree this is a major disruption, but I don't agree it's the plastic portion to worry about.
Oil, fertilizer, helium. These are the things I'm most worried about especially for their knock-on effects. Fertilizer is going to have a long tail. Like, don't expect a food spike this year, but expect prices on food to go wild next year. That alone is going to majorly effect everything worldwide.
It's not price, it's availability. You construction will slam to a halt. Plumber neighbour is now hiring security dogs for his supply yard as they now have to deal with theft of pvc and PE pipe, in addition to tweakers going after copper.
