I visited one of the local tackle dealers yesterday and the subject of price increases came up. A scary discussion it was.
It would appear that a lot of the importers didn't have forward cover through the end of 2008 and with the Rand volatility against major currencies over the last few weeks, and these guys having ordered stock for the Christmas season, we are in for a 35-40% increase in price across the board for imported tackle. Pretty much with immediate effect depending on stock levels.
This is for rods, reels, lures, line, hooks and all the other nice imported things we have taken for granted.
For those out there who plan on nice shiny fishing Christmas presents, best get out to the stores and purchase before the "bite" sets in.
It would appear that a lot of the importers didn't have forward cover through the end of 2008 and with the Rand volatility against major currencies over the last few weeks, and these guys having ordered stock for the Christmas season, we are in for a 35-40% increase in price across the board for imported tackle. Pretty much with immediate effect depending on stock levels.
This is for rods, reels, lures, line, hooks and all the other nice imported things we have taken for granted.
For those out there who plan on nice shiny fishing Christmas presents, best get out to the stores and purchase before the "bite" sets in.