Price Cuts for Bikes Under Way?

TAICHUNG, Taiwan - At the mid October held Taichung Bike Week prices were a much discussed matter. In particular as the costs for raw materials like steel and aluminium have been dropping by 30 to 40% lately while also labour cost increases were limited in China this year. Will this bring lower prices for ModelYear 2016 and 2017 bikes?
Retailers will not be happy when they will be confronted with the lower prices for MY 2016 bikes as their inventory levels are somewhat higher as usual. – Photo Bike Europe