Expert: dealers price wars hoist despite demand zero

kcs Sun Sep 09, 2012 10:06 am

2012-09-09

Baghdad/JD/...Economist believes that regional security and wars behind rising prices dealers in Iraq, saying that what is happening in the market not subject to rule the known trade (supply and demand).

He Mohammed Al Muhanna/JD/Agency: the deterioration of regional security in the vicinity of Iraq and the threats against Iran, Syria and Jordan and Gulf pushed prices upward of "rocket" in Iraqi markets coupled with traders who grow their wars before and after the wars and who noted their presence in the region by measuring the impact on market news.

Al-Muhanna said: that if we impose the United States stated the probability of hitting Iran for example find that certain goods or high sometimes scarce evidence of the existence of this category which are not seen by commoners, but feel its presence by direct impact on their income.

Al-Muhanna said: the surprising in the Iraqi market these days is illustrated by the existence of these categories (Ghost) and the other is that price rises without succumbing to the well-known rule (supply and demand) and governing the performance of the market like mechanical, pointing out that canonical is to increase product or a product just high demand but we find that prices are rising because of or without cause even though demand is zero.

The price rise: indicates the presence of hidden hands control of the business and that you should ntikod them and stand by.

He quoted the expert made in commodity prices, which had risen ahead of the Eid al-Fitr, for example, was landing after demand and prices remain unchanged in preparation for the increased demand ahead of the academic year to rise again and so during Eid al-Adha it is continuous.
He appealed to the Government to intervene rapidly to reduce these categories and price setting and consumer protection that is no longer likely more vampires.

Prices of goods in Iraq significantly since last month after an attack on speculators buy foreign currency from the Central Bank auction of the Bank in the midst of a war of attrition overshadowed rising market prices made by as usual is victim No. 1.

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