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<p>[QUOTE=&quot;rrekowjr, post: 996110, member: 27204&quot;]One thing we seem to be forgetting is that before any industry would consider making a change to how they manufacture their finished product (based on the price of the goods necessary to make it) would be whether or not the demand will handle the mark up in price of the final product. So, if silver goes up, then the cost to make one unit of &#039;X&#039; will go up in price to compensate for the higher cost to manufacture it.</p><p><br /></p><p>In this case the silver is a small component in the production of Ethylene Oxide which is used for many things. For example it is used to synthesize Ethylene Glycol. Ethylene Glycol also has various uses but 60% of it&#039;s consumption is for the production Antifreeze. World demand for Ethylene Glycol and Antifreeze remain high, especially in Asia.</p><p><br /></p><p>Couple of Articles</p><p>2004</p><p><a href="http://www.search-autoparts.com/searchautoparts/Industry+News/Global-demand-to-trigger-dramatic-increase-in-anti/ArticleStandard/Article/detail/132052" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.search-autoparts.com/searchautoparts/Industry+News/Global-demand-to-trigger-dramatic-increase-in-anti/ArticleStandard/Article/detail/132052" rel="nofollow">http://www.search-autoparts.com/searchautoparts/Industry+News/Global-demand-to-trigger-dramatic-increase-in-anti/ArticleStandard/Article/detail/132052</a></p><p><br /></p><p>Current price of Antifreeze is around $11 to $12 a gallon.</p><p><br /></p><p>2007</p><p><a href="http://www.prlog.org/10014070-demand-for-ethylene-glycol-and-ethylene-oxide-will-grow-by-robust-6-5-7-year.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.prlog.org/10014070-demand-for-ethylene-glycol-and-ethylene-oxide-will-grow-by-robust-6-5-7-year.html" rel="nofollow">http://www.prlog.org/10014070-demand-for-ethylene-glycol-and-ethylene-oxide-will-grow-by-robust-6-5-7-year.html</a></p><p><br /></p><p>2010</p><p><a href="http://www.lookchem.com/news/price/2010-9-1/2154.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.lookchem.com/news/price/2010-9-1/2154.html" rel="nofollow">http://www.lookchem.com/news/price/2010-9-1/2154.html</a></p><p><br /></p><p>It seems to be that the demand is so high that ethylene oxide Industry will want to continue to use silver for two main reason. One, the high demand will almost certainly cover the production costs and then final product mark up. Two, stopping production to change the way you manufacture something would be devastating. If a company basically run 24 hours a day the whole year and stops even for a couple days or hours you are losing so much money. So until people stop paying for the final product at a mark up price I can&#039;t see why anyone would want to change their process at any step of the manufacturing process. Silver will be used industrially in this process for years to come in my opinion.[/QUOTE]</p><p><br /></p>

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