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by jeromegv
441 days ago
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> Low demand in the US, means less sales to US, so they may try to make up for the loss of profit on the US market by increasing prices on other markets... So global price increase. This is not how supply and demand works in a competitive market. If demand drops, supplier compete on price and it leads to a reduction in price. They don't up the price to try to "make up", they can't, because someone next door will accept the lower price to get rid of their supply. |
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