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profit margin on a whale?

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    EcoSafe's Avatar
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    my recent whale deal is turning out pretty disappointing to be truth full. when we started negotiations 6 month ago or so HD boards were at 14 + the 2 samples he brought me weighed out at 7 per LB the price has dropped to 10+ and most of the HD boards are weighing out at 17 per lb. steel dropped from 14 to 06 vhi grade boards have dropped about 25 to 35%. die cast to 27. extruded from 80 to 44 ect. so a lot of your profit will depend on unintended and unforeseen elements give your self the profit you want then add some more for a cushion. when you are dealing with a lot of weight even a small move in the market ads up very quickly. you may give him a percentage based on the price at the yard when delivered like the yards do.

    we will still make a decent profit on the whole 900.000 lbs but we are losing tens of thousands off the estimate 6 month ago

    Last edited by EcoSafe; 07-31-2012 at 07:35 PM.

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