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Effect of Yuan Devaluation on Chinese Equipment

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acpoulos View Drop Down
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    Posted: 08/11/2019 at 1:23pm
Will prices come down???
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cole_ely View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote cole_ely Quote  Post ReplyReply Direct Link To This Post Posted: 08/11/2019 at 1:42pm
Originally posted by acpoulos acpoulos wrote:

Will prices come down???

first of all they tempered the devaluation I think.

If you buy directly from China in dollars and they haven't raised prices accordingly, yes. 

For wholesalers, to the degree that the devaluation actually shows savings, we'll probably want to keep it to offset tarrifs

I'm curious if direct buyers are seeing more tarrifs? Like on a $50 order from Alibaba


Edited by cole_ely - 08/11/2019 at 1:45pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Simas Quote  Post ReplyReply Direct Link To This Post Posted: 08/11/2019 at 3:24pm
that's an interesting question. Maybe somebody did notice the price drop?

Imho if you buy in yuan in Tmall or similar, it would be cheaper, but if in Aliexpress, maybe they keep the price in USD the same despite the yuan price drop..
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