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Q: rising prices of aluminum? ( No Answer,   1 Comment )
Question  
Subject: rising prices of aluminum?
Category: Business and Money > Consulting
Asked by: xsasx91-ga
List Price: $2.00
Posted: 30 Jun 2005 08:16 PDT
Expires: 30 Jul 2005 08:16 PDT
Question ID: 538726
I want to use aluminum containers (small ones). I was told that the
price of aluinum is rising... Is this true?
AND, if I want more of these containers at a later time, what is
preventing this company in raising their prices in the future? I'm
sure there are contracts for this?

Clarification of Question by xsasx91-ga on 30 Jun 2005 08:58 PDT
also..what is it called when you 'emboss' something but on aluminum
instead of paper? and where can i get this done for cheap? and is it
possible that when i 'raise' (emboss) the aluminum, to make it in a
different color?
Answer  
There is no answer at this time.

Comments  
Subject: Re: rising prices of aluminum?
From: myoarin-ga on 30 Jun 2005 17:15 PDT
 
That is really two very different questions, asking a lot for a $2
question, but since this is a free comment, I will venture to remark
on your first question:
If you were buying cans for a brewery, knowing you would need
thousands each month for the indefinite future, you could make a long
term contract that defined the price.  But wait:  it would probably
still have a clause about adjustment of price to cover changes in
price of the raw material.  A major brewery could invest in the
futures market for aluminum and try to control this eventuality, but
that probably is not a choice for you.  (And it doesn't always work.)

If you are buying a bunch of small aluminum containers for your
near-term needs and do not know when you will need more, I expect that
you will be subject to the market price for the containers when you
need to order more.  There is nothing to prevent the supplier from
raising its price, as would the can supplier to the brewery.

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