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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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