How does the cost of Polymer relate to the price of a barrel of oil?

How does the cost of Polymer relate to the price of a barrel of oil?

The Impact of Oil Prices on Polymer Costs The cost of polymer, a type of plastic material, is closely tied to the price of a barrel of oil. This is because polymer is derived from crude oil, and any changes in the price of oil can have a significant impact on the cost of producing …

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