ED is announcing a price increase…..
Hmmmmm…..
Ed posted the below (translation by Google) on his Russian forum yesterday:
It appears he may be looking for a price hike due to the negative development of the ruble……… 🙄
We’ll see………
Cheers
Trygve in Oslo :biggrinn:
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Well it could, – but I don’t think so….
In theory it could be the other way around. That his demand is exceeding his production capacity. By increasing prices he might be able to have the demand reduced a little, – and at the same time strengthen his image as a producer of “hand made” as opposed to “industrial”. The approach is well known from other markets where producers want to position themselves away from the “stampede”. Humans are simple minds, – and frequently they make the mistake of thinking that price reflects quality. Sometimes it does, – sometimes not…….. 😉
In the end the market decides……….
Cheers
Trygve :biggrinn: