TOOTHBRUSH PRICE DOWN 11/8/2008
Along with the market decline, the price of oil has fallen. It’s down 50% within three months. Back when oil hit $147 per barrel in July, I said that the price “ought” to be in the range of $100-110, with the possibility of a drop into the $90s. That’s what the fundamentals told me back then.
Most of the chemistry industry related with oil also down so much. Toothbrush material is extracted from oil so the price down as well. All series of Brand POLISH toothbrush have announced to decrease 10% of it.
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