European Coatings Journal - 17.05.2021 | INDUSTRY NEWS

MARKET MOVES

Raw materials According to CEPE, a complex mix of demand, capacity issues and scarce transport resources for key raw materials is increasing uncertainty in the supply chain. As CEPE communicates, the current situation originated in Europe and Asia and in particular from the unexpectedly rapid Vshaped recovery in China, which is fueling demand for key raw materials. The situation is further exacerbated by disruptions at producers - factory closures or operational accidents in Asia and Europe have significantly tightened supply. Another cost factor is scarce transportation resources; container prices between China and Europe have increased more than 400% since the ...
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