Wednesday, April 1, 2015

Japanese still lowering tire prices...


Back in February they had a $50 rebate on 4...


Now they have increased that to $70 (or double that if the credit card people can get their claws in) ...



These types of pricing actions (in USD terms) taken by Japanese manufacturers are not without further consequences for the financiers of the trade.

The effect is bearish Yen imo.


1 comment:

mike norman said...

Price setting by exporters. "It's about price not quantity."

Some have a hard time understanding this.