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Metal Price Index

The metal price index showed a decline from May to November 2015, with prices dropping 22% from June to November based on the index values. According to a contract, the total scrubber price was over $1.7 million. A 22% price decline on the metals used would result in total price savings of over $375,000.

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Vinh Do Thanh
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64 views1 page

Metal Price Index

The metal price index showed a decline from May to November 2015, with prices dropping 22% from June to November based on the index values. According to a contract, the total scrubber price was over $1.7 million. A 22% price decline on the metals used would result in total price savings of over $375,000.

Uploaded by

Vinh Do Thanh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Metal price index

(From May to November 2015)

109.1−133.17
Percentage earned due to metal price decline from Jun to Nov: x100 = -22%
109.1

Total scrubber price as per schedule 3 price breakdown in contract: 367313 + 491307 + 459422 + 390385=$ 1708427

Total price gained due to metal price decline: 1708427*[22%] = $375853.94

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