Kuala lumpur: Crude oil supplies for industrial production, including resin manufacturing, remain stable, and industries are also adjusting their operations to cope with rising costs, the Ministry of Economy said. The ministry affirmed its commitment to monitoring developments in the global supply crisis to ensure that supply and prices do not disrupt downstream industrial operations.

According to BERNAMA News Agency, the ministry highlighted that the country's overall manufacturing sector remains resilient, bolstered by domestic demand and proactive government policy measures. This assurance was part of a written response published on the Dewan Rakyat website addressing concerns over potential economic losses and production capacity declines among downstream industries due to disruptions in global plastic raw material supplies in the first half of 2026.

The ministry also detailed the government's mitigation plan to reduce dependence on unstable external supply chains. It emphasized that the government, through the Ministry of Investment, Trade and Industry (MITI) and relevant agencies, has been implementing initiatives like diversifying sources of supply and trading partners, as well as strengthening the domestic ecosystem and local value chains.

These efforts include promoting innovation and the use of alternative materials, alongside advancements in digitalization and supply chain management. By employing these strategies, the government aims to foster a more robust industrial landscape that can withstand future global supply chain challenges.