Price of scrap down twice in 2 days - trying to stay motivated

[hills]

...where is it that the price of gas has gone down? It sure isn't down by me.

https://gasprices.aaa.com/news/

Maybe that's outdated info in the link I posted above, i'm not arguing cause - I don't keep on top of national gas price trends, but gas hasn't gone down near me, it keeps going up.




Well... I guess it's 1 cent per lb. down from when I started scrapping. I guess it's really not that big a deal. Just means I need to make sure that truck is completely full before I take it to the scale (been trying to do that anyway) and saving the brass, aluminum and copper etc... My stripper arrived yesterday... not the kind the comes with a brass pole, but, it would be nice to have a brass pole to recycle, my wife wouldn't like if I had "ordered" the other kind of stripper...

I wonder if supply and demand are driving the markets.

The price of gas at our station has been stable at 2.999 / gal for about three weeks now. It usually goes up sometime in May or June just before the summer driving season starts and then levels off in July. It should start to drop sometime after Labor Day. That's the traditional " end of the summer tourist season " for us.

The lobster fishing industry is big here. The lobsters were late to move inshore this year so prices stayed up. They started to filter into the Eastern Bay about a week and a half ago. Lobster prices started to drop as soon as the supply increased and the fishermen groaned. Fishermen are * Ahem* in the same boat as the scrappers.

It's probably the same with scrap metal prices ? There's more scrapping activity in the summer so there's more on the market ? That would drive prices down ?

Maybe China's National Sword policy has influenced the market by reducing demand ?

BTW: Congrats on the new stripper. Just don't tell the wife because you'll never hear the end of it ! They don't like it when you spend money on that kind of thing. Just hide it out in the shop. She won't figure it out for a couple of years. When she finally catches on .... just say to her it's been out there for ages hon.... where have you been ????