Bob Snyder - Typically, supply and demand dictate prices, but financial markets sometimes...

Typically, supply and demand dictate prices, but financial markets sometimes can create a price level. In addition, today we compete with consumption on a world-wide basis. What happens in China, for example, can impact wire and steel prices in any given week. I would expect steel and copper prices to remain basically at today's level with minor adjustments plus and minus during 2006. Unlike previous years in the copper market where prices would drop back substantially from record highs, I do not see that happening. It's somewhat analogous to gas prices.

Bob Snyder

They Said So®

Bob Snyder Quotes

;

Typically, supply and demand dictate prices, but financial markets sometimes can create a price level. In addition, today we compete with consumption on a world-wide basis. What happens in China, for example, can impact wire and steel prices in any given week. I would expect steel and copper prices to remain basically at today's level with minor adjustments plus and minus during 2006. Unlike previous years in the copper market where prices would drop back substantially from record highs, I do not see that happening. It's somewhat analogous to gas prices. Bob Snyder

They Said So®

Keywords

typically supply demand dictate prices financial markets create price level addition today compete consumption world-wide basis china impact wire steel week expect copper remain basically today' minor adjustments minus unlike previous years market drop back substantially record highs happening analogous gas

Explore other Authors

Ben Jonson

Vince McMahon

Scott Ritter

Washington Irving

Mark Ruffalo

Lawrence Peter Berra

John Dryden

Frederick William Robertson

Alan Moore

Nikolai Gogol

Ed Markey

George W. Bush

If you are using this quote in any webpage , printmedia or any other places please use the following methods to cite this quotation.

MLA Style Citation

"A quote by Bob Snyder" theysaidso.com, 2024. Jul 07, 2024. https://theysaidso.com/quote/bob-snyder-typically-supply-and-demand-dictate-prices-but-financial-markets-some

APA Style Citation

"A quote by Bob Snyder" (n.d.). theysaidso.com. Retrieved Jul 07, 2024, from theysaidso.com web site : https://theysaidso.com/quote/bob-snyder-typically-supply-and-demand-dictate-prices-but-financial-markets-some

Chicago Style Citation

"A quote by Bob Snyder". theysaidso.com, 2024. https://theysaidso.com/quote/bob-snyder-typically-supply-and-demand-dictate-prices-but-financial-markets-some , accessed Jul 07, 2024.

Comments

Authentication required

You must log in to post a comment.

There are no comments yet.