Yo T, I think we can make a business here 💭
This gm ☀️ I go through a sketch of what the cigar market appears to be like here in Germany and how the price mechanism has been skewed.
Naturally, cigars have tobacco in them (like 100%😂), and naturally, this gives it a high level of steady demand as a rather anti-cyclical product.
New prices for Cuban cigars in Germany are way up, and as a result, I'll likely be switching to good quality substitutes before these products are not available and the revised pricing is in.
The pricing in the USA should be more market-related and fluid, however, I haven't looked into the situation there. Since September 2020 my understanding is that imports from Cuban to the USA have been restricted once again, which shifts demand yet again.
Comments (& branches) welcome! 🌱
#Cigars #Tobacco #MarketPrices #GovernmentRegulations #Monopoly #Monopsony #VJR #VJRe8
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