robalo01 Posted November 23, 2008 Report Share Posted November 23, 2008 When the price of oil (the comodity) started rising, along with it the price of plastic products, including plastisol went up with it. I wonder if now that the price of oil is back down, plastisol will follwo suit...or is it only affected on the way up? Quote Link to comment Share on other sites More sharing options...
Delw Posted November 23, 2008 Report Share Posted November 23, 2008 (edited) When the price of oil (the comodity) started rising, along with it the price of plastic products, including plastisol went up with it. I wonder if now that the price of oil is back down, plastisol will follwo suit...or is it only affected on the way up? We always wonder the same thing, it usually takes 3-6 months for it to go up in relation to gas prices , I have never seen it come down. April pays the bills but I don't remember her telling me it comes down. I do know that shipping hasnt dropped a bit for my alum or other supplies. nor has my alum price's gone down they are still the same. I still have that guge fuel surcharge tax add'd on. However Plastic never went up the same amount or as fast as the crude did which makes me wonder, plastic usually goes up every 3-4 months a few percent. for scrap alum we were getting over a $1 a pound now I hear its around .40 cents. I have 20 55 gal drums of it,and over 1000 lbs of stainless solids, I should have sold it 3 months ago when it was over a buck for alum and somewhere around 3-4 bucks for stainless. I havent heard a price for my nickle alloys but I got a few hundred lbs of inconel and nickel 200, I thought I heard they were going over like $18 a lb on the scrap market but not sure, I know when I did buy it to cut it, itwas over $60 bucks a lbs in round bar stock. for one type of nickle I paid almost $108 a lbs now its back to $45 per lb Edited November 23, 2008 by Delw Quote Link to comment Share on other sites More sharing options...
30ishbmx Posted November 23, 2008 Report Share Posted November 23, 2008 part of the rise in raw materials was an increase in building worldwide... if other gov'ts follow suit with what I hear coming out of the whitehouse then you may see another rise. Quote Link to comment Share on other sites More sharing options...
Delw Posted November 23, 2008 Report Share Posted November 23, 2008 part of the rise in raw materials was an increase in building worldwide... if other gov'ts follow suit with what I hear coming out of the whitehouse then you may see another rise. Nickle alloys usually go up when some war is about to greak out. I believe its cobalt( I get cobalt and some other alloy which I can't remember confused) only comes from india and africa, 2 or 3 places in the whole world. when pakistan and India were going at it and india did some nuke test nickle alloys went through the roof. Alum, copper and steel are effected by the building industry, when they are busy its expensive and hard to get. And of coarse you throw china into the mix and we Americans gets screwed on materials. however now that India, and czek republic is getting into manufacturing jobs and we still have china metals and manufacturing, jobs are going to be hard to get and the price will skyrocket. the US will be getting the left overs basically. Quote Link to comment Share on other sites More sharing options...
robalo01 Posted November 23, 2008 Author Report Share Posted November 23, 2008 I don't think that it's that closely related to consumption as much as speculators gambling on what they think the consumption will be, o rather then, what they think other speculators will think. Actual comodity consumption doesn't fluctuate nearly as much as the prices do. Anyay, now that "deflation" is settling in, maybe prices will come down. Although I don't know if that's a good thing. Quote Link to comment Share on other sites More sharing options...
nova Posted November 23, 2008 Report Share Posted November 23, 2008 The price will come down a little; but it will never go back to the price it was when oil was at the same price some time ago. Also, the fuel surcharge for shipping will never come off. These comanys are no differant than governments; once they get used to that money coming in, they will not let it go no matter what. It all really doen't make sense to logically thinking folks when you hear of CEO's making nearly a million $/day and then 6 months later going to the government with their hands out. I guess what I'm saying is simply "get used to it"; it's not going to change very much. www.novalures.com Quote Link to comment Share on other sites More sharing options...
