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Why aluminum prices are up; copper to follow
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Posted to rec.crafts.metalworking
Ignoramus18103
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Why aluminum prices are up; copper to follow
On 2013-07-21,
wrote:
On Saturday, July 20, 2013 10:37:23 PM UTC-4, Ignoramus8648 wrote:
Storage costs is what Goldman is jacking up. But that only affects
futures pricing and settlement. It has no effect on off-exchange
aluminum trading.
i
Nice to see that someone understands what is happening.
Actually as I see it the storage cost per month of storage is not
increasing. It is just that the length of time that one can store
aluminum is increased.
Dan, how about I start plumbing repairs to your house, and keep hourly
prices steady, but charge you 5 hours for toilet repair, instead of 1
hour. You would not be happy.
i
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