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In any market situation, supply and demand imbalances can affect prices in both the short and long term. If the supply is disrupted, as it was after Hurricanes Katrina and Rita, short term demand for the product may exceed the supply on hand and put upward pressure on prices.
The basic reason was the imbalance between supply and demand...
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In any market situation, supply and demand imbalances can affect prices in both the short and long term. If the supply is disrupted, as it was after Hurricanes Katrina and Rita, short term demand for the product may exceed the supply on hand and put upward pressure on prices.
The basic reason was the imbalance between supply and demand...
Essay fragment
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