3 ms·
Funny story. I wonder why Bromkonvention didn't raise the price of bromine to just under what Dow was selling at? That way it wouldn't be economical for Dow t
by tynpeddler 6y ago
Funny story. I wonder why Bromkonvention didn't raise the price of bromine to just under what Dow was selling at? That way it wouldn't be economical for Dow to buy it and ship it back to Europe.
- harikb 6y agoIn that move, the goal would have been to put Dow out of business. If it is a few cents lower, Dow can also go a bit lower. Putting the competition out of business needs them to put it so low that the other party has to run up huge loses or no sales at all.
- three_seagrass 6y agoEven if they did, Dow could just buy it all up in the U.S. market at whatever price and keep reselling it in the U.S. at $0.36. It would be a slimmer margin for Dow but it would be even slimmer for Bromkonvention than at $.46.