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Modest Cigar Price Hikes Planned for 2012
G. Clay Whittaker
Posted: January 24, 2012
Change is coming soon to the prices of many premium cigars.
Due
to rising costs of tobacco and other raw materials for the cigar
business, many popular brands will soon go up in price, though some
brands will remain unaffected and a select few have even become less
expensive.
In
addition to the the rising costs of raw materials, cigarmakers said the
increase costs of manufacturing and shipping factored in on the
decision to raise prices.
For
consumers, most of these price increases will be seen in staggered
steps, as the new prices come into effect with new shipments.
For more details on this story, with information directly from cigarmakers, see today’s issue of Cigar Insider.
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