Inventory levels are stable and keeping pace with current demand, as we see in some of the producer prices. Lead times are expected to remain low. New port issues, especially in the world’s third largest port in Ningbo, is slowing inflows of raw materials and outflows of finished products. Port disruptions on a broad basis across Southeast Asia continues to impact supply chains across a wide swath of the import side of the industry.
Grooved Product: August 2021
August 23, 2021