How is supply chain instability affecting industrial production?
Industry stakeholders report that price hikes are being compounded by acute instability in global supply chains and order processing.
Industrial production in Bangladesh is coming under added pressure as instability in global supply chains disrupts the availability of key raw materials, raising concerns over possible production slowdowns in the coming weeks.
Industry stakeholders report that price hikes are being compounded by acute instability in global supply chains and order processing.
Kamruzzaman Kamal, marketing director of PRAN-RFL Group, said, "We are facing a shortage of plastic raw materials and are currently sustaining our operations solely on existing pipeline stocks."
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He cautioned that a prolonged war could lead to production bottlenecks as early as next month.
Saleudh Zaman Khan, managing director of knit apparel manufacturer NZ Apparels, said, "The supply of certain chemicals has become unavailable. The agents who previously imported and supplied us from India are now unable to continue their imports."
He added, "Since we have some stock remaining, we can sustain operations for a few more days. However, smaller firms will face production disruptions very soon."
Industry leaders say the ongoing conflict in the Middle East has disrupted global fuel supplies, shipping routes and trade flows, contributing to delays and uncertainty in sourcing raw materials.
As a result, both costs and supply risks are rising simultaneously, adding further strain on industrial production.
