Continued semiconductor shortage could weigh on base metals prices in 2022. |
||
Semiconductor producer Infineon expects chip shortages to the automotive industry to persist into 2022. Infineon gets approximately 40% of its sales from the automotive industry and is one of the largest suppliers to the sector. A drop in automotive production from a prolonged semiconductor shortage could weigh on demand and put downward pressures on prices of steel, copper, and aluminum. (11/11/2021) |
||
Note: Clients with AEGIS Platform access can see this and other research, plus hedge portfolio reporting and tools here. |
||
|
||
Price Indications |
||
|
||
Today's Charts |
||
AEGIS Insights |
||
11/01/2021: Section 232 Tariffs: Most relevant developments (AEGIS Reference) 10/28/2021: AEGIS Factor Matrices: Most important variables affecting metals prices 10/14/2021: Is It Wise to Hedge HRC Steel with Crude Oil? |
||
|
||
Important Headlines & Economic Data |
||
AISI Steel Capability Utilization Rate Investing.com Economic Calendar 11/11/2021: Stainless Espresso: Asian coal prices on the rise again 11/10/2021: China Evergrande meets another interest payment deadline. 11/10/2021: Metals Will Be The Oil Of The Future 11/09/2021: Tin Ticks All The Commodity Supercycle Boxes 11/09/2021: Copper price down despite supply scarcity concerns 11/09/2021: Nickel prices seen falling in 2022 due to surplus 11/09/2021: Infineon CEO: chip supply to remain tight in 2022 11/08/2021: China’s daily coal production hits new high of 11.93 mln tons, further ensuring energy supply 11/07/2021: China’s coal imports in October nearly doubled from a year ago 11/06/2021: Honda Motor (HMC) Q2 2022 Earnings Call Transcript 11/05/2021: Honda profit dips 30% as chip crisis hits output, sales |
||
|
||
|
||
Important Disclosure: Indicative prices are provided for information purposes only, and do not represent a commitment from AEGIS Hedging Solutions LLC ("Aegis") to assist any client to transact at those prices, or at any price, in the future. Aegis makes no guarantee to the accuracy or completeness of such information. Aegis and/or its trading principals do not offer a trading program to clients, nor do they propose guiding or directing a commodity interest account for any client based on any such trading program.
|