- Joined
- Jan 13, 2015
- Messages
- 7,639
- Reaction score
- 669
- Location
- Bedfordshire, England
- Hive Type
- Langstroth
- Number of Hives
- Quite a few
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But I wonder, why some countries have so low price in exported honey: Ukraine, Argentina, Vietnam.... Perhaps some quality risks or what?
local aberrations which even out in the long term. Wherever there is a price differential, opportunities exist for above average returns. Investors buy where the price is low and sell where it is high (in a free market). This satisfies the surplus demand and drives down prices in the high price region and creates shortages (even temporary ones) in the low price market. This combined with increasingly sophisticated sellers drives up the price in the low-price region. The price evens out over time and disparity only exists temporarily.