Loading…
Imported Chinese-brand vehicles are gaining share in Peru's small business fleet market because their prices sit well below the market average. This shift is putting downward pressure on used-car prices.
Mining, which accounts for 60% of exports, is a major buyer of fleet vehicles.
For feed buyers this is a peripheral fleet-market note with no direct link to feed grain, meal or livestock prices. It has negligible effect on commodity supply, demand or price.
automotive-fleet.comMike AntichFeb 8, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
