LIreefguy
Valuable Member
He mention the 1000 master scolys. They come from Australia. They others of course. But the bleeding hearts types Scolymia australis come from Australia
Indo has some Acanthophyllia thought but those aren’t scolys
I wouldn't buy a single coral right now
- Thread starter Reef2Land
- Start date
- Tagged users None
He mention the 1000 master scolys. They come from Australia. They others of course. But the bleeding hearts types Scolymia australis come from Australia
Indo has some Acanthophyllia thought but those aren’t scolys
Dvanlier05
Well-Known Member
- Joined
- Jul 14, 2019
- Messages
- 745
- Reaction score
- 1,580
Even if it reopens anytime soon, prices will not dropp instantly. I'm sure most vendors will still be charging high prices. The market has shown that people will still buy them at high prices. Maybe after a year or more the prices may come down but it will never be like it use to. I miss the days going to my LFS and getting torches for $20 a head.
LIreefguy
Valuable Member
I don’t like these crazy high prices but I am ok with the prices being a little higher. Too low and I feel they are just devasting the reef. Too high and we are getting hammered I wanted the prices high enough that people think about buying a coral. Not just buy a 30 coral keep it 6 months and do it again. Want the hobbyist to really research and make sure there tank is ready. The higher prices do that for most people
Starting with their cultured corals is the right move. Never made sense to shut them down, as they generate revenue, don't take from the wild, and put some of the corals they grow back towards rebuilding the reefs.
smiley28
Hectorj
- Joined
- Jan 11, 2014
- Messages
- 1,500
- Reaction score
- 913
- Location
- DuBois Pennsylvania
- What state or country do you live in
- Pennsylvania
I’ve been half heartedly looking around for an acantho and I’ve been told what I’m looking for won’t be available until Indo reopens. Of course I mean color wise.
BigKid4788
Well-Known Member
- Joined
- Oct 18, 2015
- Messages
- 959
- Reaction score
- 613
- Location
- Cincinnati, OH
- What state or country do you live in
- Ohio
If I were the Indo people I wouldn’t lower prices. Market has show it will bear it. More money for a less fortunate country.
MERKEY
Cronies
- Joined
- Oct 5, 2019
- Messages
- 9,741
- Reaction score
- 47,172
- Location
- Washington
- What state or country do you live in
- Washington
It's only been banned since last may 2018. There is a thread from 2018 at 5 months after the band starting the same thing and same articles. I have also heard from fellow hobbiests who OWN reef aquarium businesses not just LFS who also say the band is lifted and hopefully they will be getting stuff by early to mid next year.
Although the NEW facebook posts and other links are really good HOPE!
The band is hopefully lifted.
Once lifted it looks as if only cultured will be available.
IF THIS IS TRUE
I see no reason for prices to go lower. Indo knows the value of their corals not only to hobbies but to the whole world and what is actually going on in the OCEAN! They will have a limited supply and demand will be HIGH!!
So why would the prices drop when indo knows what they have and knows what they are doing for sustainability??
I know we like to think the hobbiests are the most important part of this hobby...but it's not a hobby to them. This is actually about keeping their reefs alive and self sustaining.
Reefs around the world are getting destroyed due to many things and I like the idea of indo going the way they are with sustainability.
Only time will tell and I will be happy as a kid in a candy store
Prices will because that is how prices work. Sure, limited supply and high demand. But as soon as wholesalers start importing Indo again, that limited supply is slightly less limited. And unless we're talking about price fixing or a cartel, the companies culturing coral over there will be competing with each other. They'd compete partially on price. Pair that with the general public now knowing more Indo corals are coming in, I'd bet many would look at the prices of sought after pieces and refuse to pay them if they haven't come down from pre-ban pricing. If I was considering a $500 gold torch, and watch the ban get lifted and know more gold torches are coming, I'd be telling my LFS that if they want to make a sale to me, that price better be reduced.
MERKEY
Cronies
- Joined
- Oct 5, 2019
- Messages
- 9,741
- Reaction score
- 47,172
- Location
- Washington
- What state or country do you live in
- Washington
That's the main thing...I believe they are going to LIMIT this like a cartel.
But only time will tell.....
I would keep an eye on walt smith’s facebook page. At the start of this they had to let go 75% of their workforce. Ill believe its happening when that starts to go the other way.
Fwiw they do sell manufactured live rock that sits in the ocean for 6 months. I live on the water, my next build I actually put my dry rock purchase in some crab traps that i intend to pull up when its wet.
Fwiw they do sell manufactured live rock that sits in the ocean for 6 months. I live on the water, my next build I actually put my dry rock purchase in some crab traps that i intend to pull up when its wet.
amoore311
Active Member
I wish it would open already so we don't have to see these posts at the top of the feed every 7-10 days.
Furthermore, anyone thinking they're magically getting gold torches or other "higher end" corals for ~$50 after Indonesia reopens again are laughably misinformed and not someone anyone should be taking any "industry advice" from.
Furthermore, anyone thinking they're magically getting gold torches or other "higher end" corals for ~$50 after Indonesia reopens again are laughably misinformed and not someone anyone should be taking any "industry advice" from.
LIreefguy
Valuable Member
You live in jersey right. I would suspect the live stuff on the rocks wouldn’t live long in our hotter reef tanksI would keep an eye on walt smith’s facebook page. At the start of this they had to let go 75% of their workforce. Ill believe its happening when that starts to go the other way.
Fwiw they do sell manufactured live rock that sits in the ocean for 6 months. I live on the water, my next build I actually put my dry rock purchase in some crab traps that i intend to pull up when its wet.
I had my water tested but need explanation
AquaBiomics tested my water a few weeks ago and I am all excited to know what it means as I can't interpret most of it so I need Randy who has more degrees than a thermometer, and I am an electrician with a fish tank. Years ago I couldn't spell Lectrician but now I are one.
www.reef2reef.com
MabuyaQ
Active Member
- Joined
- May 18, 2018
- Messages
- 432
- Reaction score
- 604
- What state or country do you live in
- Other International
The news I heard out of Bali was that they don't expect the ban to lift before mid February.
Initially it won't effect prices at all because all eporters will have high starting costs because of replacement and maintenance that has to be done on a lot of equipment. They also expect higher export fees, so Indo won't be as cheap as it was in the long term as well.
Initially it won't effect prices at all because all eporters will have high starting costs because of replacement and maintenance that has to be done on a lot of equipment. They also expect higher export fees, so Indo won't be as cheap as it was in the long term as well.
