A brief note about price:
In Switzerland, where I bought my 202 10x42 ED a few days ago for CHF 150.00, the bino is no offered by the same merchant for CHF 219.00, a 50% increase. Maybe we ought to stop speaking so positively about this bino … 😉
OUCH!!! CHF219 =$Aus330! On Amazon Australia the price went up to $Aus180 (CHF115) from the $Aus104 less than 2 weeks ago (although that was a discounted special at $115 less a 10% off coupon) . Those prices are from a supplier named Retevis which seems to be Svbony's parent company (Shenzhen Retevis Technology). They claim to have distribution centres in the UK, France, Germany, Italy and Spain so availability in Europe should be good. Canip did you buy from the official Svbony Amazon store or via eBay? I notice that a lot of the prices on eBay Australia are considerably higher.
Another problem is that there are a lot of problems currently with getting product out of China to overseas markets, starting with Covid shutdowns of the factories and their suppliers through to shipping shortages pushing up freight rates. Just look at the 2 years of delays APM has had in actually receiving their new 6x30ED bins. If you're a business that doesn't know when you're going to get the next resupply it doesn't make sense to discount your existing stock. This situation doesn't look like improving any time soon. China is currently ordering industries to shut down because of power rationing due to coal shortages and the early onset of winter.
From the Financial Times - China’s energy crisis threatens lengthy disruption to global supply chain
"Factory owners in China and their customers worldwide have been told to prepare for power supply disruptions becoming part of life as President Xi Jinping doggedly weans the world’s second-biggest economy off its dependence on coal. Months of shortages have cut power to households in China’s north-east and caused outages at factories across the country. But energy demand is still surging amid record demand for Chinese exports, and the problems will be compounded by the prospect of freezing temperatures in winter. Despite a flurry of central government interventions, spearheaded by premier Li Keqiang, Chinese manufacturers and multinationals alike have been urged to boost energy efficiency in their factories and speed up investment in renewable energy.
Trueanalog Strictly OEM, a factory producing loudspeakers near Guangzhou, is emblematic of the crunch already hitting exporters from frequent outages. Owner Philip Richardson said his company was stuck “playing catch-up”. “It’s the domino effect when you cut electricity: it directly affects the glues in the production line, we have to reset the jigging, it removes 20 to 30 per cent of productivity from the day . . . It’s really a hassle,” he said.
Will Jones, chief operating officer for the British Home Enhancement Trade Association, said a third of members in the DIY and gardening sector reported that suppliers had extended their lead times. The knock-on effect, Jones said, was further inflationary pressure and a wider range of product shortages. “This is having an impact on an already very challenging situation for suppliers with constraints on the availability of space on container ships and spiralling costs,” said Jones.
The Chinese government has taken a short-term pragmatic approach to addressing the energy shortfall by reverting to dirtier fuels, despite its longer-term promises to cut coal. Over the past week, the government ordered a rapid expansion of coal mines. It also decreed sweeping market reforms, forcing all coal-fired power generators to sell into the wholesale market, allowing electricity prices to rise by as much as 20 per cent, and lifting price caps for some big users. The market overhaul is a “huge step” towards liberalisation of the power sector, said David Fishman, an energy analyst at the Lantau Group.
The government’s actions, however, are not expected to end power supply disruptions immediately. Alongside strains in the property sector, the shortages have added a large dose of uncertainty to Chinese third quarter growth figures, due on Monday. Compared to a searing 7.9 per cent expansion in the second quarter, forecasts from economists surveyed by Bloomberg range from a high of 5.8 per cent to a low of 4.5 per cent. “A lot of the companies were really surprised by the intensity” of the shortages, said Thomas Luedi, a Shanghai-based energy expert at consultancy Bain. But they had to “recognise it might be the case again towards the end of the year”. Luedi added that energy price increases would quickly compel some manufacturers to cut production, providing a measure of relief to the strained power grid. “Inefficient producers might fall off the cliff,” he said, pointing to smaller-scale makers of smelting materials such as ferromanganese and metallurgical grade silicon as the likely early victims.
In Guangdong, China’s biggest manufacturing hub, senior officials said almost 150,000 companies had been hit by energy shortages last month, people familiar with a government briefing told the Financial Times. In a concession that the problems could not be solved immediately, Guangdong officials have privately warned that rationing would probably persist. They also encouraged companies to use their own electricity generation, which probably means even greater use of diesel for power generation. “A lot of companies are going to go back to their backyard generators. Some of them are illegal. They will have to retrofit them, but that’s a lot faster than starting up a power plant,” said a businessman in southern China, who asked not to be named. “The shortages are eliminating 30 to 40 per cent of operation time and trading companies are experiencing the same downside,” he said, adding power shortages would not “go away tomorrow”. Richardson, the factory owner, has resorted to firing up diesel generation despite a fivefold cost increase, to get his loudspeakers to customers in Europe and the US. He has also brought in temporary staff for overnight shifts and is turning to higher-cost airfreight as a workaround for clogged ports.
Even companies well-placed to benefit from the government’s response — such as those selling mining services and back-up power generation — are faced with problems seizing the opportunity. Nathan Stoner, who leads the China operations of Cummins, a US mining and power industry group, said “while there are some opportunities”, the company’s operations had been constrained by power cuts hitting its factories and those of its component suppliers.
In Britain, Steve Levy, managing director of UK retailer Heat Outdoors, said all but one of his Chinese suppliers of outdoor heaters and hand dryers, which are mainly based in Jiangsu and Guangdong, had experienced part-week shutdowns. Lead times from one Chinese supplier had jumped to six months, up from four months during most of the pandemic and 10 weeks before coronavirus struck. “I can’t make a decision for April,” Levy said, because he had “no idea” what the market would be like then."
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Given China's attempt to coerce my country through its ban on Australian coal, wine, barley and a raft of other products I can't say I have a lot of sympathy for Xi Jinping, although it's a pity that the Chinese population has to suffer for their government's sins. However this is a taste of what is to come for the rest of us if we attempt the "decarbonisation of the economy" lunacy promoted by the eco-jihadists.
