The worlds "Just in time" systems collapsed because of the pandemic and Chinese market pressures. The shipping containers are all tied up as additional storage for stuff no one can use until other stuff turns up, half full of rush orders to be followed days later by another half full one, or stood empty in Europe because there is nothing completed to go into them to ship back East.
Supply and demand says prices increase accordingly.
There is no sign of any end to it. We've had fifty years of "just in time" so a whole generation of accountants turn funny colours when you suggested buying when available and holding stock. There are no warehouses and no stock controllers able to handle the concept. It ends when demand collapses so supply can catch up.
The economics will destroy more lives than the disease.
Andy
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