October 13, 2021
By Timmy Bubak
GENERAL OVERVIEW
- A number of suppliers in China reported a slight stock buildup. However, these movements aren’t pushing any further changes in the current supply chain. Lead times still remain extremely high.
- There are some signs of stability in pricing after the price increase in the summer due to a significant rise in raw material cost.
- China’s recent power outages are causing disruptions across the entire portfolio.
- Lead times are expected to remain high throughout the rest of 2021. We can see a light at the end of the tunnel as the market slowly recovers in 2022.
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