Money Manifest

Copper Coins

Copper Penny Coins: 2LBS $23.45 Copper Penny Coins: 2 LBSAre you a penny collector? You will have a lot more with these copper penny coins! If you get hungry, have a bite! Just don’t get it mixed up with real pennies…Approximately 65 pieces per pound. 1 1/2 Inch diameter. All of Madelaine???s products are Certified Kosher by the Orthodox Union (OU)FLAVOR: Milk Chocolate

Copper Penny Coins: 10 LBS $154.86 Copper Penny Coins: 10 LBSAre you a penny collector? You will have a lot more with these copper penny coins! If you get hungry, have a bite! Just don’t get it mixed up with real pennies…Approximately 65 pieces per pound. 1 1/2 Inch diameter. All of Madelaine???s products are Certified Kosher by the Orthodox Union (OU)FLAVOR: Milk Chocolate

Chinese Metal Coins: Small $3.08 Chinese Metal Coins emphasize the newest craze in colored finding and wires: copper. These metal plated chinese coins bring an Asian flair to any design. Packages contains assorted shapes and patterns of coins.

Chinese Metal Coins: Large $3.08 Chinese Metal Coins emphasize the newest craze in colored finding and wires: copper. These metal plated chinese coins bring an Asian flair to any design. Packages contains assorted shapes and patterns of coins.

Magnum 500 by US Balance 500 x 0.1 gram Digital Pocket Scale $15.89 The US Balance US-Magnum is a portable super compact design. With having six different weighing modes, weighing your precious products should be a breeze. During weighing operation, when weight is determined, a lock symbol will appear. Capacity: 500g/ 17.64oz/ 7716gn/ 321.51dwt/ 16.08ozt/ 2500ct Readability: 0.1g/ 0.001oz/ 2gn/ 0.01dwt/ 0.001ozt/ 0.05ct Scale: dimensions 2.875″ x 4″ x 1″ Platfo…

Ancient Coin Cast Iron Tea Set Gold #ts11-06go $40.05 This Cast Iron Tea Set includes: * 1 Teapot, 2 Teacups, 1 Trivet * Gold Color * Stainless Steel Teapot Strainer Included * Enamel coating to prevent rusting * Pattern: Ancient Coin * Brand New in Gift Box * Dimension: * Teapot: 5-1/2 in Dia x 4in H * Teacup: 2-7/8in Dia. x 2in H * Trivet: 5-1/2in Sq. x 3/4in H * Capacity: * Teapot: 18 fl.oz * Teacup: 3.5 fl.oz *…

Anti-slavery halfpenny Photo Mugs Copper halfpenny produced by the Abolitionist movement and circulated circa 1790-97. This token bears the well-known abolitionist image of the kneeing slave with accompanying inscription. On the reverse of this medal a pair of clasped hands are encircled by the words May Slavery a Oppression Cease Throughout the World. The words Payable in Lancaster London or Liverpool are inscribed around the rim…

Why Oh Why / You’d Be Surprised Felsted 45-8521: Why Oh Why / You’d Be Surprised by Kathy Linden…

If You Buy Tray Cable Learn Why Copper Price Matters So Much

Many Businesses who have followed the markets lately will notice that commodity costs have been on an upward trajectory through the first part of this year. As vntc cable as well as tray cable, sow cable, soow cable, and dlo cable are all very much dependent on raw material costs, there has been quite a large increase in the cost associated with these items.

Many of our regular customers are understandably aware of the effects of increasing raw material costs. What has the biggest effect of course is the price of copper. Copper as of today was selling for about $4.30 per pound on the COMEX. At this price point it is hovering near its all time closing high of around $4.60 per pound hit earlier this year at the start of 2011. One wonders how much higher can it go.

A close second to copper in power cable manufacturing is the price of oil. As the outer sheathing and conductor insulation of most cables are oil based, the price of oil plays a significant part in pricing also. Oil we know hit a high of about $147 per barrel just 2 1/2 short years ago and right now is on the rise again with all of the tensions in the Middle East and North Africa. Oil right now sells for about $104 per barrel.

If the economy keeps improving, it is quite likely that we will witness a sustained increase in these raw input prices. Most economists agree that we are in the midst of a slow but steady recovery that will go on for the rest of 2011 and into next year.

Quite a few emerging markets are also experiencing improvements with China of course being the biggest in terms of increased GDP. If we can continue with this current trajectory it is reasonable to believe that copper and oil will continue to increase in cost. If you are a big buyer of the largest types of wire and cable it may behoove you to take a look at some projections for the rest of this year and possibly consider stocking up now before we start to see the big price increases.

So how can you use this knowledge to your advantage? When you see costs go down on the NYMEX, ensure that your supplier is lowering the prices of their finished items to you. Often, distributors are quicker to increase prices than to reduce them. Armed with the knowledge of raw goods costs, make sure that your supplier is pricing their wire and cable appropriately.

If you feel there is a disparity between the cost of the raw materials and your finished goods price, consider reaching out to another distributor for another bid. There are many players who sell tray cable and vntc cable. This extra effort on your part could help you retain more profit for yourself. Plus, knowledge of cost reductions can allow you to lower your bid prices, which might in turn make your bid more competitive than your peers – and allow you to win more business.

Should you have any concerns or are in need of more detailed advice, please feel free to contact us. Delco Wire has been in the wire and cable business for over 30 years. Our very knowledgeable staff will be more than happy to help in any way we can. We can be reached toll free at 800-714-9473.