Fashion
Hormuz risk: The hidden polyester shock to global apparel
As tensions between the United States and Iran push oil markets higher, apparel faces deeper risk in polyester, which dominates global fibre output.
Any disruption in the Strait of Hormuz can quickly reprice petrochemical inputs like PTA and MEG.
Even without a full closure, volatility can squeeze mill margins and destabilise polyester-heavy supply chains.
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