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Dennis,
I spent 5 years running a small military spares
manufacturer,
and that kind of situation is real. Bidding beyond the
mill's contract period is as bad as planting corn.
The problem I see is the price of Aluminum is hedgable, (sp)
but I do not know of contracts to hedge manufacturing cost.
Thoughts??
rcb
> Dennis Conn wrote:
>
> I received the following email and something about it
> strikes me as odd - have any brokers on the forum received
> this and if so, is it on the up-and-up?
>
> Thanks in advance,
>
> Dennis C.
>
> >>Date: Sat, 13 Mar 1999 13:05:05 EST
> >>Subject: Commodities Trading
> >>X-Mailer: AOL 4.0 for Windows sub 170
> >>
> >> I own and operate a custom metals manufacturing
> business. I have a
> >>contract with a customer to provide some products which
> will require me to
> >>purchase 200,000 pounds of Aluminum Extrusions. I will
> not need to take
> >>delivery of these Aluminum Extrusions from my supplier
> until the first and
> >>second quarter of the year 2000. When it comes time to
> take delivery of the
> >>material my supplier is going to charge me "price in
> effect at time of
> >>shipment". Can I protect myself from price increases
> with the purchase of
> >>commodities contracts?
> >>
> >>SBJ
--
We create our society each time we interact with another
person.
What kind of society did you create today?
Richard C Bond, Sr. 1986
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