Ukraine War Disrupts Supply Chains
The ongoing Russia-Ukraine war is disrupting global supply chains. The fluctuations of global food and energy prices have transmitted to the domestic market. This, among other things, is reflected in increasing inflation
Export and import activities at the Jakarta International Container Terminal (JICT), North Jakarta, Wednesday (16/6/2021). The protracted Russia-Ukraine war has increasingly disrupted world supply chains and disrupted the performance of a number of industrial sectors.
JAKARTA, KOMPAS - Tensions due to the Russia-Ukraine conflict threaten global commodity supply chains that were previously disrupted by the Covid-19 pandemic. Appropriate measures need to be taken to ensure that the impact of this conflict will not interfere with national economic recovery.
Obstacles to global supply chains clearly occur in food commodities, for example. If the production of Russia and Ukraine are combined, the two countries account for a 30.1 percent share of the world wheat market, 23.4 percent share of world fertilizers and 14.5 percent of the world's corn share.