What to expect this Fall? Dive into Netchem’s Latest Insights in This Edition of Our Newsletter
Order Planning: Chinese Golden Week Holiday
As we move into the final months of the year, we’d like to remind our customers about the Chinese Golden Week Holiday from October 1st to 7th. Historically, this holiday often results in 10-14 days of factory downtime. To ensure a seamless supply chain, we kindly request that you consider this in your order planning. Your cooperation in this matter is highly appreciated. Please continue to submit orders to orderdesk@netcheminc.com
Secure Your Q1 Pricing Now
Looking ahead, now is the ideal time to secure pricing for Q1 and the upcoming year. Locking in your rates early helps avoid potential market fluctuations and ensures your supply chain remains stable. Contact your sales representative to discuss your needs and secure your pricing for the coming year.
Impact of the BASF Fire on Vitamin E Prices
Speaking of pricing, the recent BASF fire has caused a surge in Vitamin E prices. While Netchem still has access to the necessary materials, we have experienced notable cost increases. Despite these challenges, we remain committed to providing the best possible prices to our customers and ensuring the highest quality of service.
Shipping Delays & Global Supply Chain Pressure
We are well into the peak season, which arrived earlier than expected this year. Consequently, shipping delays due to high volumes are anticipated and may be further compounded by ongoing strike issues. Additionally, continued global political unrest is putting pressure on supply lines, leading to extended ocean vessel transit times. This is important to keep in mind when looking at lead times for your orders.
Stay informed and prepared by keeping these factors in mind as you plan your fall and winter strategies. Netchem appreciates your partnership and is here to support you every step of the way!
Keep an eye out for our next Newsletter in December!
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