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<p>[QUOTE="medoraman, post: 1273393, member: 26302"]I understand sir, I was simply making a point as to what is "retail' versus "wholesale" in that industry. Make it 400 pounds of copper Chris is selling, and I am still a "retail" customer, yet it is in excess of the $600. The weird thing about this industry is "retail" sellers get paid much less than "wholesale" customers. 20 years ago I was paid $.80 for good electrical scrap. Someone who can provide the yard with 5 tons at a time or more would get $.95 a pound. I know, I saw the invoices. On the other side, retail customers to BUY from the yards paid about $1.20 for good electrical copper scrap, while a wholesale buyer would only pay $1.10 or less. Retail versus wholesale is really more how far you are from the true market price due to quantity.</p><p><br /></p><p>Maybe this point doesn't really matter, as I agree with your point overall. I was simply trying to educate others as to the nature of scrap yard buyers, and which is retail and which is wholesale in that market.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1273393, member: 26302"]I understand sir, I was simply making a point as to what is "retail' versus "wholesale" in that industry. Make it 400 pounds of copper Chris is selling, and I am still a "retail" customer, yet it is in excess of the $600. The weird thing about this industry is "retail" sellers get paid much less than "wholesale" customers. 20 years ago I was paid $.80 for good electrical scrap. Someone who can provide the yard with 5 tons at a time or more would get $.95 a pound. I know, I saw the invoices. On the other side, retail customers to BUY from the yards paid about $1.20 for good electrical copper scrap, while a wholesale buyer would only pay $1.10 or less. Retail versus wholesale is really more how far you are from the true market price due to quantity. Maybe this point doesn't really matter, as I agree with your point overall. I was simply trying to educate others as to the nature of scrap yard buyers, and which is retail and which is wholesale in that market.[/QUOTE]
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