KUALA LUMPUR, April 21 -- Yellow mee and kuey teow are slated for a price uptick, joining a long list of other essentials facing price pressures due to the still unresolved conflict in Iran.
Tit-for-tat blockades by Iran and the United States at the Strait of Hormuz have prolonged a global energy crisis which is currently driving up logistics, freight and packaging costs worldwide.
In Malaysia, the plastic packaging cost for noodles alone has jumped by nearly 30 per cent since the conflict broke out more than a month ago, said Malaysian Bakery, Biscuit, Confectionery, Mee and Kuey Teow Merchants Association president Chaang Tuck Cheong.
Polyethylene terephthalate (PET) - a key material used in bottles and food packaging - is manufactur...
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