Mizkan suspends sales of four natto products amid supply strain

Mizkan has suspended sales of four natto products due to supply strains from rising procurement costs. The company said the war in the Middle East has pressured packed natto production.

Mizkan announced on May 4 that it has suspended sales of four natto products. The company said procurement costs have risen due to the war in the Middle East, putting pressure on packed natto production.

Mizkan stated that the supply strain stems from higher costs linked to the Middle East conflict. Keywords such as Iran, plastic, oil, gas, and the Strait of Hormuz highlight the factors driving inflation in production.

The suspension comes amid broader inflationary pressures in the food sector. The company has not provided further details on the duration or affected products.

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Illustration depicting South Korea's Port of Busan halting naphtha exports due to Middle East conflict and Strait of Hormuz closure.
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South Korea to restrict naphtha exports starting Friday

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South Korea will restrict naphtha exports starting Friday due to supply shortages from the Middle East conflict. The measure follows U.S. and Israeli airstrikes on Iran that have effectively closed the Strait of Hormuz. The government plans support including expanded low-interest loans for domestic firms.

Prolonged disruption to energy flows via the Strait of Hormuz has reduced naphtha availability, a key ingredient for plastic packaging. This is set to drive up food prices in Japan. The Japan Times reports.

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Japan has secured enough petroleum-derived naphtha—key for manufacturing medical supplies and consumer goods—to last into 2027, easing shortage fears amid escalating Middle East tensions including the Iran war.

South Korea's government is prioritizing the stable supply of health care products, daily necessities, and key raw materials like naphtha amid shortage concerns from the Middle East crisis. Finance Minister Koo Yun-cheol emphasized this during an economy ministers' meeting on Friday. The government designated seven basic petrochemical products as crisis items on Wednesday.

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Shortages have not yet appeared but price increases are mounting for French companies because of the Middle East conflict that began more than two months ago.

Global food prices rose to their highest level since September in March, fueled by higher energy costs linked to the West Asia conflict. The United Nations' Food and Agriculture Organization cautioned that a prolonged war could reduce planting and yields, affecting supplies and prices through this year and beyond.

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Hong Kong's major retailers are using direct sourcing and economies of scale to avoid price hikes amid surging logistics costs from the Middle East war. Sa Sa International chairman Simon Kwok Siu-ming warns of pressure on petroleum-derived beauty products. Shipping and airfreight costs have risen 10 to 15 per cent.

 

 

 

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