Price of copper
I was okay last summer with all the price increases I keep getting on equipment, gotta figure it's coming with the skyrocketing prices of copper and aluminum. But now .. I ain't gettin crap for scrap copper cuz i understand prices have plummeted.
Builders (my main customers) are hounding me for 'my best price' cuz they've had to lower their price to get jobs 'these days'.
Are you hitting up your salesmen to get lower prices on equip?
Does anyone see a decrease from our suppliers in the future???
(my appologies if this has been discussed recently)
Steel, aluminum, copper....it's all fallen off a cliff. On the way up in prices there was a lag in raw material vs the finished product price......so I suspect the same in reverse.
I had to complain to get the $10 delivery charge dropped.. They raise it "due to high Gasoline prices" but their not too quick to drop it when gas dropped.
As far as equipment I dont see that coming down
Sorry - yesterday was the deadline for all complaints.
Copper peaked at roughly $4/pound in mid '08....now it's about $1.40!!!
Originally Posted by praha99
Eventually, competition amoung equipment suppliers will drive raw material price reductions through the supply chain, in my opinion.
". . .in a competitive market, price will function to equalize the quantity demanded by consumers, and the quantity supplied by producers, resulting in an economic equilibrium of price and quantity."
Originally Posted by im4snow2000