TTI Composite Toy Stock Index Down 18%
Toy stocks are a mixed bag, with Jakks up 40%, Mattel up 15% and Hasbro down 13% from a year ago. The Walt Disney Company continues to struggle as its stock price is down 45% from this time last year.
Cost of Oil Declines
The spot market cost of a barrel of oil fell from $120.92 to $102.80, a 15% decrease. That should alleviate pressure on oil-based plastic resins.
Container Rates Steady
The spot market cost of a 40-foot container has remained stable over the last two weeks.