Automotive Fleet
April 4, 2022

Commodity Prices Increase as Geopolitical Forces Constrain Supply

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The 88th State of the Fleet Industry video produced by Automotive Fleet offers an updated look at the state of the fleet market as presented by AF Editor Mike Antich.

🎙Today's topics include:

  • The war in Ukraine is threatening to disrupt global supply chains. Russia and Ukraine are essential suppliers of raw materials and energy crucial to supply chains.

  • Russia and Ukraine lead the global production of metals such as aluminum, nickel, copper, palladium, and iron. The sanctions on Russia has increased the price of these metals.

  • Approximately 90% of the neon used in microchip lithography originates in Russia. Sanction impacted the export of neon, which threatens to aggravate the microchip shortage.

0:00 Intro
0:50 The War in Ukraine’s Threat to Global Supply Chains
2:35 Russian Sanctions Increase Metals Pricing
7:20 Use of Neon in Microchips

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