Logistics havoc causing new supply chain delays, rising costs for consumers

By Davide Ghilotti
Published: Monday, 10 May 2021

Consuming markets of commodity raw materials are under pressure yet again from a combination of renewed increases in sea freight costs and overstretched logistics, making delivery schedules unreliable and causing long delays at a time when suppliers are tightening contracting terms to reduce liability.

While industry analysts debate fiercely over whether a new commodity supercycle (a period of consistently high commodity prices against historic levels) is under way or not, pressure points have built up in mining supply chains between origins in Asia – especially China – and western destination markets.

The sector is facing a...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.