Tariff Quote Watch: Kubota Kicks Up Pricing as Steel Costs Plough Into Profits — Panjiva
Más

Panjiva_research_logo

Tariff Quote Watch: Kubota Kicks Up Pricing as Steel Costs Plough Into Profits

China 1758 Cons. Discr. - Autos 661 Metals - Steel 360 Tariff Quote Watch 91 Tariffs 1169 U.S. 3297

Kubota will raise prices for its agricultural and construction equipment by 2% to 3% in the coming year as a response to higher steel prices that are linked to U.S. tariffs. That follows a similar price increase from Deere & Co. Kubota hasn’t slowed its use of imported steel though with its U.S. seaborne imports having risen by 5.4% year over year in 4Q 2018 and increased by a further 18.4% year over year in January. It may face other tariff challenges though. China accounted for 12.1% of Kubota’s imports in the 12 months to Jan. 31 while imports of engines, which accounted fo...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.