[Nick Day]

We were told by our carbon fibre supplier that as of now carbon fibre has increased by 17%. They are giving it another week to see if increases to 20% (all products from the far east are priced in dollars).
Fortunately we make our own poles so it only affects the carbon fibre price.
It would be interesting to know if all the buyers of completed poles ( wfp and gutters) are expecting large price increases ...very soon!!
Any info Alex Gardiner etc??

[Smurf]

That reminds me Nick what cf guttervac pole tools do you make?

I'm after some varying size guttervac cf fixed bend nozzles that push fit into tapered fit corbonfibretubes make poles. The reason why I ask as I find those silicon bends total crap and my old omni guttervac fixed ali bend dirt breaker bit heavy when working at height.

[Spruce]

The reality of life is that a devalued pound will push up the costs of imports.

The world was sucked into this single state economy and we in Britain have benefited from low cost imports from China.

The value of currencies against each other on the world market are subject to manipulation. We have already seen the value of the pound fall at Brexit only to regain most of its value within a few days. Its now dropped off again as the markets wait to see what happens with Carney's report on how he is going to assure the world that Sterling is stable with a Britain outside the EU.

The winners of these fluctuations are traders on the stock market and they are in it for themselves (making money no matter at what cost). The losers are the investors who always seem to buy at the peak and sell in panic when the price drops.

The Reserve Bank will not want to scare investors at this time, but long term would be very happy with a lower Sterling value as exports become cheaper - an important factor in world trading.


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