If the wholesale price is down, and the retail price has yet to fall, someone in the middle must be making a profit. The article seems to imply that nobody is, but the margin must be going somewhere.
Nah, its pretty obvious big sellers and middlemen are milking populations like there is no tomorrow. I dont understand why is there no lawsuit anywhere, cartel behavior out in plain sight, affecting literally everybody.
Ie Tesco in Europe had record income for past year or two, as did most other mega chains. It a mystery why...
Example:
* I buy inventory for $5, sell it for $10.
* I buy more inventory, but it's gone up to $9. I'm selling for $13, but still have some $10 on hand.
* Wholesale plummets to $2.
Until I've sold my on-hand inventory, bought more at $2 and sold that, I'm not making any margin, regardless of how low wholesale drops.
I imagine the shelf-life for some stuff is short, but maybe longer for others.