MARKET UPDATES – 06.10.21

GENERAL OVERVIEWWEEKLY MARKET UPDATE

  • The current low raw material availability and increased prices are causing lead times of up to 52 weeks. Suppliers are now advising all customers to place their orders for 2022 to avoid further delays.

 

  • Recent reports indicate that the shortages which have crippled car production and held back growth in the electronics industry are only getting worse.

 

  • The high cost of raw materials is responsible for price surges across the whole industry.