You Cali guys, isn't the minimum the CRV goes is $1.55?? I've always figured its takes about 30-32 cans to make a pound (about half an ounce each) so 31 @.05 CRV is $1.55. Good for you if you guys can get some sort of price bidding among companies out there. Must be things going on beneath the surface to make companies go higher (the state pays the redemption companies and then they basically have no money into the cans besides what it costs to maintain their business and labor?).
I don't think there's a way really to compare your situation with the straight spot price on non-subsided Al cans with companies in states that don't do it. My non-ferrous pays 60 cents a pound and has for a while. That's pretty good I think for a non-redemption state...
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