Continues product price falling

Heatman

New member
What every business owner or a company wishes for always is to have lots of products stocked up and there would be incredible increase in prices of the products. It means making extra profits than it is supposed to be but the situation they would never wish to have happen is constant fall in the products prices. Take for instance, with what happened to Bitcion earlier this year with lots of investors losing millions of dollars. How should companies battle this problem?
 

Corzhens

Member
This phenomenon happened some decades ago when prices of imported products were falling continuously. The public never suspected that Chinese goods were flooding the country that all other similar goods were suffering from the price cut. After sometime the government took notice and issued a warning. And what warning you may ask? It is a warning to the smugglers of Chinese goods.
 

Heatman

New member
Seriously, a government without any course or force of action towards implementing the sanctions in those warnings is an utter waste of time because warnings alone would never be enough to stop smugglers to stop their business. Some of these smugglers are out for anything, even to reach to the extent of eliminating any obstacles in their path is nothing to them.
 

Alexandoy

Member
This is the state of condition of the rice industry in our country where the price of rice has been gradually decreasing since last week. From a high of 45 per kilo it is now down to 34 and they expect it to go down to 32 by the end of this week. That is a very strong challenge to suppliers of rice because their profitability is directly affected. Maybe the only recourse is to keep their rice and wait until the prices would go back to the normal level.
 

Corzhens

Member
I have read that the department of agriculture is helping the farmers by buying the palay (raw rice) at a higher price so that at least the farmers will continue to benefit from the high price of rice. But the government is bent on selling the rice at a lower price which means the loss will be shouldered by the government.
 
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