
Your 60-second money minute. Today’s topic: Holiday Decoration Prices Set To Soar...Again
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With ocnbc your Money Minute. I'm Jessica Ettinger. If you like an artificial Christmas tree for the holidays, the time to buy was probably back in January, right after Christmas and before the US War with Iran that sent oil prices soaring. Those trees are made of plastic in China, and if you plan to buy one this year, you're going to pay more, maybe a lot more.
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We're not getting supply through the Strait of Hormuz. It's manifesting itself first in Asia, where there's real trouble in terms of supplies. There's rationing shutdowns
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again. Capital's John Kilda funds cnbc. Artificial Christmas trees and many decorations are really just oil.
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This is the material used to make artificial trees. It's pet plastic derived from oil.
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CNBC's Eunice Yoon is in Beijing visiting a factory that makes holiday decorations. And the price of oil is driving up costs which will come back to you.
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Higher costs due to the stalled Strait of Hormuz is hitting the whole industry hard. Yunzhuomei says plastic prices for her tinsel are up as much as 40%. Lo lingping makes artificial trees for the US and Europe low sees American shoppers stuck this season paying at least 15% more Christmas
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trees, yet another price increase for inflation weary consumers. You can see Eunice's whole story@cnbc.com along with lots more on how soaring oil prices impact business. I'm Jessica Ettinger, CNBC
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This concise CNBC "Your Money Minute" episode, hosted by Jessica Ettinger, examines the surge in holiday decoration prices—particularly artificial Christmas trees—amid global oil disruptions spurred by geopolitical conflict. The segment traces the impact of soaring oil prices on the production and import of holiday goods, and highlights how these increased costs are already affecting consumers, especially in the United States.
Timing Is Everything
Why Decorations Cost More
This episode provides a rapid yet thorough explanation of why consumers should expect steeper holiday decoration prices in 2026. Through direct quotes from industry experts and manufacturers, Jessica Ettinger paints a clear picture: disruptions in oil supply, mainly due to the US-Iran conflict and closure of the Strait of Hormuz, are dramatically increasing the costs of plastic-based products such as artificial Christmas trees. American consumers—already grappling with inflation—can anticipate another round of price hikes this holiday season.
Listeners seeking more in-depth analysis can visit CNBC's website for extended coverage, as recommended by the host.