Tremendous Industry Chatter About Upward Price Pressure

Posted on May 12th, 2015, by: , Founder, President & CEO, Filmquest Group, Inc.

I wanted to post this note to let you know that there is a tremendous amount of industry chatter about upward price pressure and an inevitable “attempt” to raise prices in the USA. Prices have been increased significantly in the East, Middle East and Europe and they appear to be holding... for many reasons (other than supply and demand). My view is that the mfg’s (domestic and offshore) now have their sights set on the USA, and an attempted price increase, at any moment, will not surprise me. We have seen a large increase in inquiries and order activity and I believe that the market senses that we have bottomed and the next step for prices will be up. I will keep you updated as things develop.

Filmquest Group Inc.