The rising price is a signal the the manufacturer(s) that the supply is limited. They increase production to capture more and higher profits. New competitors enter the market to capture their share. Ultimately, price drops as supply exceeds demand -- and everyone gets the chalk they want at the price they want to pay.They are buying it all up so the supply gets limited and the price goes up, then they can sell and make a big profit
Hi,The rising price is a signal the the manufacturer(s) that the supply is limited. They increase production to capture more and higher profits. New competitors enter the market to capture their share. Ultimately, price drops as supply exceeds demand -- and everyone gets the chalk they want at the price they want to pay.
The magic of capitalism.