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The person you replied to was talking about retail consumers. Retail prices don't always move in step with wholesale.
by harvey9 4y ago
The person you replied to was talking about retail consumers. Retail prices don't always move in step with wholesale.
- orra 4y agoThere's a saying that if wholesale prices rises, retail prices quickly rise; if wholesale prices drop, suddenly there’s a disconnect.
- Cthulhu_ 4y agoThis is always the case. If e.g. petrol moved in tandem with the price of oil, it would have gone up and down by a lot - it's gone from $25 / barrel in 2020 to $110 in 2022. I for one hope the consumer market will get an overcorrection and I can fix my contract for a few years, since I'm not convinced we've seen the last of energy price fluctuation.