The US-Iran conflict, which has been ongoing since late February 2026, has brought the Strait of Hormuz to a standstill and is causing major supply chain disruptions for several raw materials that are strategic to the cosmetics industry.<\/p>\n\n
– Vegetable oils: exposure remains indirect but real. Rising oil prices are boosting the competitiveness of biodiesel, leading to increased competition between energy uses and food\/cosmetics applications. Tropical oils (palm kernel, coconut) \u2014 widely used in formulations \u2014 have shown a marked upward trend since late 2025, driven by specific supply constraints.<\/p>\n\n
– Petrochemicals & plastics: petroleum derivatives (PET, LDPE, PP) \u2014 which are essential for packaging \u2014 rose sharply in April 2026, driven by higher monomer prices. A gradual stabilisation is beginning, but remains dependent on oil prices.<\/p>\n\n
– Maritime transport: traffic through the Strait has virtually ground to a halt, leading to a structural rise in freight costs, security surcharges and a significant increase in delivery times. Containers are being diverted via costly routes, putting direct pressure on margins and CIF purchase terms for European importers.<\/p>\n\n
– Aluminium: this is the metal most at risk for cosmetics buyers. Prices reached $3,607\/t in mid-April 2026, a four-year high, driven by the partial shutdown of production in the Gulf (Al Taweelah, Alba, Qatalum), representing nearly 3 million tonnes removed from the global market. Pressure on billets \u2014 used directly in metal packaging \u2014 has reached historic levels, with regional premiums rising sharply in Europe. A rapid return to normality remains unlikely.<\/p>\n\n
Download the SVP analysis<\/p>\n\n
Download the Cosmed-SVP indices for May 2026<\/p>\n","protected":false},"excerpt":{"rendered":"
The US-Iran conflict, which has been ongoing since late February 2026, has brought the Strait of Hormuz to a standstill and is causing major supply chain disruptions for several raw materials that are strategic to the cosmetics industry. – Vegetable oils: exposure remains indirect but real. Rising oil prices are boosting the competitiveness of biodiesel, […]<\/p>\n","protected":false},"author":30881,"featured_media":54140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[445],"tags":[],"secteurs":[],"class_list":["post-54242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles-a-la-une-en"],"acf":[],"yoast_head":"\n