shipping cost have also plummeted. the only one to watch now is wages which seem
moderately steady compared to other raw materials, a price of a container out of china 1.5 years ago was $25k transit cost. now it's $5k this would have been a huge percentage of raw ingredients for the company. food cost would have been about the same
price as shipping. I think we are in for some good profit forecasts. I know from working as a procurement guy in the industry that getting the raw ingredient was the massive cost pressure not the cost to produce. good luck team
TP $100, page-348
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