March 2022
MARKET INFORMATION
2022 continues to be a very challenging year for the Global Supply Chain.
The Ukraine crisis has had a massive impact on an already struggling Supply Chain following the Pandemic. Soaring energy costs, raw material shortages, factory closures/strikes, and major disruption within the logistics industry are some of the challenges the supply chain is facing right now and it is showing no signs of relenting.
Prices continue to rise sharply and it is becoming increasingly difficult to fix pricing for a period longer than a few days due to the speed at which price increases are coming through from all sides of the industry.

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