July 28, 2021
By Timmy Bubak
GENERAL OVERVIEW
- All new customer orders and forecasts for 2021 have been rejected by suppliers due to the ongoing high demand. It is recommended that all customers should place their orders for 2022 and beyond as soon as possible to avoid delays.
- With product availability being under constant constraint, there has been a continued rise in lead times across the whole market.
- Further price surges are expected throughout Q3. 2021, as the demand for raw materials is causing instability in manufacturing prices.
Leave A Comment