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Author Topic: USD/AUD and implications on Lapidary Gear Price  (Read 2012 times)

Aussie Sapphire

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    • Aussie Sapphire
USD/AUD and implications on Lapidary Gear Price
« on: December 12, 2014, 04:29:01 PM »

  The old USD is finally rising and our Australian Dollar has dropped over 30% from its highs hotthirsty

 Price pressure on all imported Machines and Supplies is very real and there is only one direction that Australian prices will have to go :o
 Along with this we have faced major Shipping issues with The USA shipping Ports been blocked for ages with Work Slow protests that has added many weeks onto the already long lead time on products,this adds costs.
 Many factories have also had our have price rises on there products planned in the new year,this is not just the USA but seems across the board.     
 We continue to hedge the AUD and try to absorb the increased costs but prices will rise when we must in 2015 :-[   
Aussie Sapphire - The Lapidary Warehouse

 

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