Tag: supply

Disruption in Ocean Freight, Increasing Delays and Costs

Another major ocean shipping disruption is underway This affects global supply chains Rising costs and delays result Ongoing high demand, low supply situation There is currently a disruption in ocean shipping, which has been more significant than the Suez Canal backup in March. The Port of Yantian in China is responsible for roughly 25% of […]

A Mid-April Commodities Market Update

What’s happening: Lack of availability and strong demand are rising raw material costs Inventories are low and the supply chain is stretched thin A lack of shipping containers and domestic freight is increasing input costs Strong demand and pricing increases are expected to continue throughout 2021 As the Covid-19 recovery continues to gain momentum across […]