Market update

We are in a time of significant global changes that affect our entire industry. To keep you as a customer informed, we want to share a transparent and comprehensive picture of the current market situation of our supply chains and the measures we are taking to ensure stability.

Global factors and market impact. The signals we receive from our global supplier networks point to several interacting challenges:

Geopolitical instability: The uncertain world situation, with a focus on critical trade routes in, among others, the Middle East, is creating measurable uncertainty in the global market.
Increased market volatility: The business environment is characterized by rapid shifts, which places high demands on flexibility and foresight throughout the supply chain.
Raw materials: We see indications of price increases in underlying commodity quotations.
Energy and logistics: Significantly increased costs for production and global transportation are affecting the price picture at all levels.
Industry-wide price adjustments: We have recently received information from most of our suppliers claiming Force Majeure, which has resulted in various forms of additions to our costs.
Nevertheless, we at Scandraft have not announced any price adjustments at the moment and we intend to avoid price adjustments as much as possible, we will share information about the situation on an ongoing basis.
Scandraft's proactive measures

Our focus is, as always, to minimize the impact on our customers and continue to ensure delivery capacity and maintain a high level of quality and delivery. Through our size and expertise, we act forcefully on the following points:

Continuous market analysis: We monitor the global situation on a daily basis and have a dialogue with our suppliers in order to best minimize changes in price and deliveries.
Strategic coordination: Within the Scandraft Group, there is a close and ongoing dialogue together with IGEPA and our European warehouses to coordinate our purchasing volumes and ensure that we act with joint strength for the best interests of our customers.
Flow optimization: We work in close consultation with our suppliers to optimize logistics flows and proactively manage any disruptions in the supply chain.

We value our customers' trust and always strive to be a stable partner, even in challenging market conditions.