apollothesun
Well-known member
the recent influx of aussie corals into the hobby have been great. but why the high price? is it because the regulation of certain corals can be released from the great barrier reef?
aussie coral prices?
- Thread starter apollothesun
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Darthv247
Well-known member
supply and demand. people want em bad enough so they pay handsomly.
apollothesun
Well-known member
are the same prices in florida same here in seattle? for ex. ultra australian scoly going for around 299.99
Darthv247
Well-known member
yeah the scoly's are expensive about the same. they are probably cheaper in washington than here if anything. Im pretty sure anything coming in from australia (if not auquacultured) comes in through LA or somewhere in california so you should save a little. but i guess thats not as huge of an issue these days the stores tend to put their shipping cost into the price and offer FREE SHIPPING OMG !!
Allenfamily
fish eaters
When I talked to one of the guys at Barrier they said it was a whole lot of factors. The reasons they gave me were all reasonable, limited harvest, huge demand and crazy shipping costs. They also said they thought the distributors were aware of the demand and thought they might adding to the price hike.
barrierreefcf
Sponsor
Really! Tell me where? Include a contact number and I'll change my source. The suppliers in Australia are aware of what their corals are retailing for and have increased prices. Shipping & Box Charges from Australia adds two to three times the cost if we order direct. That means my tranship price before shipping would have to be $6-$15. Its not
If we go LA wholesale the number of really colorful Aust. Scolys is so limited, compared to demand, that we pay $90-$200 and we are lucky to get one. Thats down from higher prices a few months ago. Like I said...point me in the right direction and I'd be happy to help get prices down. Shoot...I can barely get colored Scolys out of Jakarta for $30 anymoreWell, here in Indy, i have a couple wholesaler friends that were selling me red tipped elegance and your normal green elegance for 34bux and 28bux. And that was after there shipping and margin added in. I could get just about anything for under 40bux. This was going through the importer, through cali to me here. I also have another guy that is getting them cheaper than this. Send me your email and i'll see if i can find an old pricelist.
pretty much its supply and demand but u guys dont think about the other stuff man.
collecting corals anenomes fish and inverts isnt easy, farming corals is easy when u have nice corals to frag but finding colourful scolys scolys on the reef..gezz there not every where its not like there massive and theres signs ponitng to them
there was a collector in the N.T. and he got eaten buy a crocadile i mena where we dive theres shark spotings and stuff all the time in summer
plus the cost of owning a collection licencs is astronomical the owning/running a boat then having a holding facility to hold all the corals and maintain them before sending them to you guys
and if it makes u guys feel any better orange and red and rainbow ric cost between 300-400 dollars per polyop
collecting corals anenomes fish and inverts isnt easy, farming corals is easy when u have nice corals to frag but finding colourful scolys scolys on the reef..gezz there not every where its not like there massive and theres signs ponitng to them
there was a collector in the N.T. and he got eaten buy a crocadile i mena where we dive theres shark spotings and stuff all the time in summer
plus the cost of owning a collection licencs is astronomical the owning/running a boat then having a holding facility to hold all the corals and maintain them before sending them to you guys
and if it makes u guys feel any better orange and red and rainbow ric cost between 300-400 dollars per polyop
apollothesun
Well-known member
barrierreefcf
Sponsor
True, we've heard that recently some divers in Tonga passed away while doing deep dives to collect deep water fish. There is definately a lot to it.
Herefishyfishy
Smart Bass
In retail economics, there is no free lunch. If you find a product who's demand exceeds supply and is willing to pay vastly over basis, there will be a flood of sellers jumping at the opportunity and thus drive the price back. Even Beanie babies eventually became valued based on innate valuation once the false concept of scarcity evaporated. Look at Blue torts and how the price settled once it became heavily propagated and distributed. Aussy Acans and rainbow scollys are not the same as Elegance corals. Me thinks most corals' prices are self regulating and an excellent example of simple supply/demand economics.
Be that as it may, if you find it at Barrier Reef Aquariums, it will be fairly priced.
Be that as it may, if you find it at Barrier Reef Aquariums, it will be fairly priced.
barrierreefcf
Sponsor
With Acans that trend has already started. We are currently buying frags of high end Acans from some local guys who are growing and fragging them. They are less expensive than wild pieces (even when wilds are broken up). With Scolys the fragging and growing is much much more difficult if possible at all.
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barrierreefcf
Sponsor
I made some calls and got more info on why Aussie corals (specifically Scolys) are so expensive. The collectors have annual CITES permit limitations. These permits must be purchased at $25 per coral. With Acans, Dendros, Euphyllia the collectors can collect a large piece and then break them up. This spreads that $25 CITES fee over multiple pieces. This isn't possible with Scolys, so the collectors have $25 into each one in permit fees alone. This doesn't even include their other costs, profit, and our shipping. For this coming year, the CITES permits for Scolys are limited to 25 per collector. With that kind of limited supply you can see where basic economics come into play. Hope this sheds a little light
