Toyota’s auto production continues to slide. |
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Due to logistical problems and low employee attendance at part suppliers, Toyota has cut car production by about 14,000 units in December. Toyota had previously cut global production by 360,000 units in both September and October, which equates to 40% year-over-year drop. Production also fell by 135,000 units in November, which equates to 15% year-over-year decline. According to the BBC, the company stills aims to produce 9 million units by fiscal year ending March 31. (12/15/2021) |
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Note: Clients with AEGIS Platform access can see this and other research, plus hedge portfolio reporting and tools here. |
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Price Indications |
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Today's Charts |
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AEGIS Insights |
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11/30/2021: Section 232 Tariffs: Most relevant developments (AEGIS Reference) 11/30/2021: Will the Omicron COVID Variant Impact South African Metals Production or Exports? 11/24/2021: AEGIS Factor Matrices: Most important variables affecting metals prices |
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Important Headlines & Economic Data |
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AISI Steel Capability Utilization Rate Investing.com Economic Calendar 12/9/2021: China steps up overseas hunt for ore needed to make aluminum |
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| 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.
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