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Thread: Price of copper

  1. #1
    Join Date
    Jun 2007
    Location
    So Cal
    Posts
    101

    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)

  2. #2
    Join Date
    Jul 2005
    Location
    SE PA
    Posts
    183
    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.

  3. #3
    Join Date
    Apr 2006
    Location
    Chicagoland
    Posts
    690
    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.

  4. #4
    Join Date
    Jul 2005
    Location
    SE PA
    Posts
    183
    Quote Originally Posted by praha99 View Post
    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
    Copper peaked at roughly $4/pound in mid '08....now it's about $1.40!!!

    Eventually, competition amoung equipment suppliers will drive raw material price reductions through the supply chain, in my opinion.

  5. #5
    Join Date
    Nov 2008
    Posts
    1,673
    Quote Originally Posted by im4snow2000 View Post
    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."

    But,
    http://en.wikipedia.org/wiki/Price_fixing

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