MARKET UPDATES – 02.06.21

GENERAL OVERVIEW

  • There have been no significant changes in the current market situation since the beginning of Q1, 2021.
  • There has been a continued ramp-up in demand, driving lead-time increases up to 45 weeks +, and allocation on some products.
  • Price increases are being issued by supplier bases and we expect to see further surges throughout Q2.
  • Visibility in customer forecasting and demand is more critical than ever, with advice to place order schedules out to at least Q2 2022.