Spicers is providing price stability on dollar based products for its customers right through Q3, irrespective of the £ v $ exchange rate during this period.
Jeff Whiteway, SPOT’s Group CEO said: “Our policy on pricing for dollar priced products has been transparent and consistent with regular updates to our partner dealers during the last 12 months of exchange rate uncertainty. Our latest hedge rate was fortunately made at a favourable rate over our last hedge rate, the benefit of which is being passed onto our reseller dealers from July 1.”
